Mobius Investment Trust (LON:MMIT) Shares Up 1.1% – Here’s Why

Mobius Investment Trust plc (LON:MMITGet Free Report) shot up 1.1% during trading on Monday . The company traded as high as GBX 142.50 ($1.80) and last traded at GBX 141 ($1.78). 104,379 shares traded hands during trading, a decline of 49% from the average session volume of 203,932 shares. The stock had previously closed at GBX 139.50 ($1.77).

Mobius Investment Trust Price Performance

The company has a fifty day moving average of GBX 138.69 and a 200 day moving average of GBX 136.35. The stock has a market cap of £160.28 million, a P/E ratio of 1,157.22 and a beta of 0.74.

About Mobius Investment Trust

(Get Free Report)

Mobius Investment Trust PLC is a closed-ended fund launched and managed by Mobius Capital Partners LLP. It invests in the public equity markets of emerging or frontier markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid-cap companies.

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