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

Seraphim Space Investment Trust (LON:SSITGet Free Report) hit a new 52-week low on Wednesday . The stock traded as low as GBX 76 and last traded at GBX 174.20, with a volume of 1741677 shares changing hands. The stock had previously closed at GBX 188.

Seraphim Space Investment Trust Stock Down 7.3%

The firm has a market cap of £413.20 million, a P/E ratio of 4.22 and a beta of 2.28. The firm has a fifty day moving average of GBX 212.43 and a 200-day moving average of GBX 172.64.

Insider Buying and Selling at Seraphim Space Investment Trust

In related news, insider Will Whitehorn acquired 12,450 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were bought at an average price of GBX 79 per share, for a total transaction of £9,835.50. Over the last quarter, insiders purchased 35,450 shares of company stock worth $3,929,550. 0.19% of the stock is owned by insiders.

Seraphim Space Investment Trust Company Profile

(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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