Mobius Investment Trust (LON:MMIT) Reaches New 52-Week High – Time to Buy?

Mobius Investment Trust plc (LON:MMITGet Free Report)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 178 and last traded at GBX 174, with a volume of 167151 shares. The stock had previously closed at GBX 173.

Mobius Investment Trust Price Performance

The firm has a market capitalization of £117.92 million, a PE ratio of 18.00 and a beta of 0.72. The firm’s fifty day moving average is GBX 162.59 and its two-hundred day moving average is GBX 148.45.

About Mobius Investment Trust

(Get Free Report)

Mobius Investment Trust plc (“MMIT”) is a closed-ended investment company listed on London Stock Exchange (LSE: MMIT).

MMIT provides investors with access to a high conviction portfolio of 25-30 small to mid-cap companies, across emerging and frontier markets.

The London listed investment trust will be managed by MCP Emerging Markets LLP (“MCP”), an investment manager launched in May 2018. The Portfolio Manager is Carlos Hardenberg who has 25 years of investment experience and previously acted as the lead manager of the Templeton Emerging Markets Investment Trust (TEMIT).

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