Mobius Investment Trust (LON:MMIT) Trading 0.3% Higher – Should You Buy?

Shares of Mobius Investment Trust plc (LON:MMITGet Free Report) rose 0.3% during trading on Thursday . The stock traded as high as GBX 146.50 and last traded at GBX 143.50. Approximately 413,577 shares traded hands during mid-day trading, an increase of 60% from the average daily volume of 258,555 shares. The stock had previously closed at GBX 143.

Mobius Investment Trust Stock Up 0.3%

The business has a 50-day simple moving average of GBX 142.14 and a two-hundred day simple moving average of GBX 142.25. The stock has a market capitalization of £94.27 million, a P/E ratio of -39.53 and a beta of 0.74.

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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