Seraphim Space Investment Trust (LON:SSIT) Shares Up 2.3% – What’s Next?

Seraphim Space Investment Trust (LON:SSIT) traded up 2.3% during trading on Thursday . The company traded as high as GBX 191.20 and last traded at GBX 188.24. Approximately 1,244,141 shares traded hands during mid-day trading, a decline of 56% from the average session volume of 2,815,917 shares. The stock had previously closed at GBX 184.

Seraphim Space Investment Trust Stock Performance

The company’s 50-day moving average is GBX 177.68 and its 200 day moving average is GBX 182.04. The company has a market capitalization of £444.04 million, a PE ratio of 4.54 and a beta of 2.14.

Insider Activity

In other news, insider Will Whitehorn bought 12,450 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were purchased at an average price of GBX 79 per share, for a total transaction of £9,835.50. Insiders have purchased a total of 25,450 shares of company stock valued at $2,929,550 in the last 90 days. Corporate insiders own 0.19% of the company’s stock.

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.