Seraphim Space Investment Trust (LON:SSIT) Sets New 1-Year High Following Insider Buying Activity

Shares of Seraphim Space Investment Trust (LON:SSITGet Free Report) hit a new 52-week high during trading on Monday after an insider bought additional shares in the company. The company traded as high as GBX 254 and last traded at GBX 251, with a volume of 786085 shares traded. The stock had previously closed at GBX 240.50.

Specifically, insider Will Whitehorn acquired 10,000 shares of Seraphim Space Investment Trust stock in a transaction on Friday, May 15th. The stock was bought at an average price of GBX 100 per share, for a total transaction of £10,000.

Seraphim Space Investment Trust Stock Performance

The company has a market cap of £603.67 million, a P/E ratio of 6.17 and a beta of 2.28. The stock has a 50-day simple moving average of GBX 178.72 and a 200 day simple moving average of GBX 136.48.

Seraphim Space Investment Trust (LON:SSITGet Free Report) last posted its earnings results on Thursday, March 5th. The company reported GBX (0.89) EPS for the quarter. Seraphim Space Investment Trust had a return on equity of 20.81% and a net margin of 1,940.84%.

About Seraphim Space Investment Trust

(Get Free Report)

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.

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