Seraphim Space Investment Trust (LON:SSIT) Sets New 12-Month Low – What’s Next?

Shares of Seraphim Space Investment Trust (LON:SSITGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as GBX 76.40 and last traded at GBX 185.60, with a volume of 3368769 shares traded. The stock had previously closed at GBX 193.

Seraphim Space Investment Trust Price Performance

The stock’s 50-day moving average price is GBX 216.07 and its 200 day moving average price is GBX 162.11. The firm has a market capitalization of £440.24 million, a PE ratio of 4.50 and a beta of 2.28.

Insider Buying and Selling

In other news, insider Will Whitehorn bought 10,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of GBX 100 per share, with a total value of £10,000. In the last quarter, insiders acquired 23,000 shares of company stock worth $2,946,000. Company insiders own 0.18% of the company’s stock.

About Seraphim Space Investment Trust

(Get Free Report)

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.

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