Seraphim Space Investment Trust (LON:SSIT) Trading Up 19.2% – Should You Buy?

Seraphim Space Investment Trust (LON:SSIT)’s stock price rose 19.2% on Friday . The company traded as high as GBX 113.50 and last traded at GBX 113.50. Approximately 4,151,617 shares traded hands during trading, an increase of 459% from the average daily volume of 742,498 shares. The stock had previously closed at GBX 95.20.

Seraphim Space Investment Trust Stock Performance

The stock’s fifty day simple moving average is GBX 83.43 and its two-hundred day simple moving average is GBX 79.28. The company has a market cap of £269.22 million and a price-to-earnings ratio of 5.08.

Seraphim Space Investment Trust (LON:SSIT) last issued its earnings results on Monday, October 20th. The company reported GBX (0.76) earnings per share 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 Transactions at Seraphim Space Investment Trust

In other Seraphim Space Investment Trust news, insider Will Whitehorn bought 11,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 25th. The stock was purchased at an average price of GBX 78 per share, with a total value of £8,580. Also, insider Angela Lane purchased 8,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was acquired at an average price of GBX 78 per share, for a total transaction of £6,240. Company 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.