Seraphim Space Investment Trust (LON:SSIT) Sets New 1-Year High – Time to Buy?

Shares of Seraphim Space Investment Trust (LON:SSIT) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 155 and last traded at GBX 146.50, with a volume of 1691612 shares traded. The stock had previously closed at GBX 141.50.

Seraphim Space Investment Trust Stock Performance

The company has a market capitalization of £347.50 million and a P/E ratio of 6.56. The business’s fifty day simple moving average is GBX 122.57 and its 200-day simple moving average is GBX 94.06.

Insider Activity at Seraphim Space Investment Trust

In related news, insider Will Whitehorn acquired 11,000 shares of Seraphim Space Investment Trust stock in a transaction on Tuesday, November 25th. The shares were bought at an average cost of GBX 78 per share, with a total value of £8,580. Also, insider Angela Lane purchased 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 25th. The shares were bought at an average price of GBX 78 per share, for a total transaction of £6,240. Company insiders own 0.14% of the company’s stock.

Seraphim Space Investment Trust Company Profile

The world’s first listed Space Tech fund. Sustainability, connectivity and digitalisation are global scale challenges. Our portfolio companies reflect our commitment to the planet. Seraphim Space Investment Trust will target early and growth stage Space Tech companies that have the potential to dominate globally and that are sector leaders with first mover advantages in areas such as climate, communications, mobility and cyber security.