Mobius Investment Trust (LON:MMIT) Sets New 1-Year High – Should You Buy?

Mobius Investment Trust plc (LON:MMITGet Free Report) reached a new 52-week high on Friday . The company traded as high as GBX 144 ($1.84) and last traded at GBX 139 ($1.77), with a volume of 36727 shares trading hands. The stock had previously closed at GBX 142 ($1.81).

Mobius Investment Trust Stock Performance

The stock has a market capitalization of £160.43 million, a price-to-earnings ratio of 1,183.33 and a beta of 0.74. The company has a fifty day simple moving average of GBX 139.33 and a two-hundred day simple moving average of GBX 136.88.

Mobius Investment Trust Company Profile

(Get Free Report)

Mobius Investment Trust PLC is a closed-ended fund launched and managed by Mobius Capital Partners LLP. It invests in the public equity markets of emerging or frontier markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid-cap companies.

Further Reading

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