Seraphim Space Investment Trust (LON:SSIT) Reaches New 52-Week High – What’s Next?

Shares of Seraphim Space Investment Trust (LON:SSIT) reached a new 52-week high on Monday . The company traded as high as GBX 94 and last traded at GBX 93.20, with a volume of 1899732 shares traded. The stock had previously closed at GBX 89.

Seraphim Space Investment Trust Price Performance

The firm has a market capitalization of £221.07 million and a P/E ratio of 4.17. The firm has a 50-day moving average price of GBX 82.42 and a two-hundred day moving average price of GBX 78.80.

Seraphim Space Investment Trust (LON:SSIT) last posted its quarterly earnings results on Monday, October 20th. The company reported GBX (0.76) EPS for the quarter. Seraphim Space Investment Trust had a positive return on equity of 2.97% and a negative net margin of 473.47%.

Insider Activity at Seraphim Space Investment Trust

In related news, insider Angela Lane purchased 8,000 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was purchased at an average price of GBX 78 per share, with a total value of £6,240. Also, insider Will Whitehorn acquired 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was purchased at an average cost of GBX 78 per share, for a total transaction of £8,580. Insiders own 0.14% 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.