Mobius Investment Trust (LON:MMIT) Shares Down 0.6%

Mobius Investment Trust plc (LON:MMIT)’s share price fell 0.6% during trading on Thursday . The company traded as low as GBX 128.89 ($1.60) and last traded at GBX 130 ($1.62). 135,001 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 138,247 shares. The stock had previously closed at GBX 130.75 ($1.63).

Mobius Investment Trust Price Performance

The stock has a market capitalization of £149.47 million, a P/E ratio of -2,158.33 and a beta of 0.71. The firm has a 50 day moving average of GBX 135.98 and a 200-day moving average of GBX 132.50.

Mobius Investment Trust Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 7th. Investors of record on Thursday, April 11th will be paid a dividend of GBX 1.25 ($0.02) per share. This represents a yield of 0.91%. This is a positive change from Mobius Investment Trust’s previous dividend of $1.20. The ex-dividend date is Thursday, April 11th. Mobius Investment Trust’s payout ratio is currently -1,666.67%.

About Mobius Investment Trust

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.