Seraphim Space Investment Trust (LON:SSIT) Reaches New 52-Week Low – Should You Sell?

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

Seraphim Space Investment Trust Stock Performance

The company has a 50 day moving average of GBX 212.20 and a two-hundred day moving average of GBX 156.09. The stock has a market cap of £504.75 million, a PE ratio of 5.16 and a beta of 2.28.

Insider Buying and Selling

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

Seraphim Space Investment Trust Company Profile

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.