Seraphim Space Investment Trust (LON:SSIT) Hits New 52-Week Low – What’s Next?

Seraphim Space Investment Trust (LON:SSIT) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 82.20 and last traded at GBX 194.60, with a volume of 20081242 shares. The stock had previously closed at GBX 203.

Seraphim Space Investment Trust Trading Down 4.1%

The firm has a fifty day moving average price of GBX 210.15 and a 200 day moving average price of GBX 154.39. The firm has a market cap of £461.59 million, a PE ratio of 4.72 and a beta of 2.28.

Insider Transactions at Seraphim Space Investment Trust

In other news, insider Will Whitehorn acquired 5,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The stock was purchased at an average cost of GBX 98 per share, for a total transaction of £4,900. Insiders have bought 23,000 shares of company stock worth $2,946,000 in the last ninety days. 0.18% of the stock is currently owned by company insiders.

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.