Seraphim Space Investment Trust (LON:SSIT) Sets New 1-Year Low – Here’s What Happened

Seraphim Space Investment Trust (LON:SSIT)’s share price reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 75.60 and last traded at GBX 186.40, with a volume of 1329158 shares. The stock had previously closed at GBX 191.40.

Seraphim Space Investment Trust Stock Performance

The company has a market cap of £439.77 million, a PE ratio of 4.49 and a beta of 2.28. The company’s 50-day simple moving average is GBX 213.92 and its 200 day simple moving average is GBX 171.13.

Insider Transactions at Seraphim Space Investment Trust

In related news, insider Will Whitehorn bought 12,450 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was purchased at an average cost of GBX 79 per share, for a total transaction of £9,835.50. Insiders acquired 35,450 shares of company stock valued at $3,929,550 in the last ninety days. Company insiders own 0.19% of the company’s stock.

About Seraphim Space Investment Trust

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.