Seraphim Space Investment Trust (LON:SSIT) Stock Price Up 8.6% – Still a Buy?

Shares of Seraphim Space Investment Trust (LON:SSIT) rose 8.6% on Tuesday . The company traded as high as GBX 235.48 and last traded at GBX 204. Approximately 29,046,904 shares traded hands during mid-day trading, an increase of 914% from the average daily volume of 2,865,441 shares. The stock had previously closed at GBX 187.80.

Seraphim Space Investment Trust Stock Performance

The company has a 50-day simple moving average of GBX 211.11 and a 200 day simple moving average of GBX 155.19. The company has a market capitalization of £487.62 million, a P/E ratio of 4.98 and a beta of 2.28.

Insider Buying and Selling

In other Seraphim Space Investment Trust news, insider Will Whitehorn purchased 10,000 shares of the company’s stock in a transaction on Friday, May 15th. The shares were bought at an average cost of GBX 100 per share, with a total value of £10,000. Over the last quarter, insiders purchased 23,000 shares of company stock valued at $2,946,000. Insiders own 0.18% 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.