Seraphim Space Investment Trust (LON:SSIT) Stock Price Down 10.7% – Should You Sell?

Seraphim Space Investment Trust (LON:SSIT) shares fell 10.7% on Wednesday . The company traded as low as GBX 185.40 and last traded at GBX 187. 9,298,827 shares changed hands during trading, an increase of 273% from the average session volume of 2,493,270 shares. The stock had previously closed at GBX 209.50.

Seraphim Space Investment Trust Stock Down 10.5%

The company has a market capitalization of £444.51 million, a P/E ratio of 4.54 and a beta of 2.28. The company has a 50-day moving average of GBX 204.14 and a two-hundred day moving average of GBX 149.77.

Seraphim Space Investment Trust (LON:SSIT) last released its quarterly earnings results on Thursday, March 5th. The company reported GBX (0.89) earnings per share for the quarter. Seraphim Space Investment Trust had a net margin of 1,940.84% and a return on equity of 20.81%.

Insider Buying and Selling

In other Seraphim Space Investment Trust news, insider Will Whitehorn acquired 10,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price of GBX 100 per share, with a total value of £10,000. 0.14% of the stock is owned by insiders.

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.