Seraphim Space Investment Trust (LON:SSIT) Hits New 52-Week Low – Here’s What Happened

Seraphim Space Investment Trust (LON:SSIT)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 75.60 and last traded at GBX 186.40, with a volume of 1329158 shares changing hands. The stock had previously closed at GBX 191.40.

Seraphim Space Investment Trust Stock Down 2.6%

The firm has a market capitalization of £442.14 million, a price-to-earnings ratio of 4.52 and a beta of 2.28. The stock has a 50 day moving average of GBX 214.61 and a 200 day moving average of GBX 169.98.

Insider Activity at Seraphim Space Investment Trust

In other news, insider Will Whitehorn bought 12,450 shares of the firm’s stock in a transaction dated Friday, June 26th. The stock was bought at an average price of GBX 79 per share, for a total transaction of £9,835.50. In the last ninety days, insiders purchased 35,450 shares of company stock valued at $3,929,550. 0.19% of the stock is currently owned by company insiders.

About Seraphim Space Investment Trust

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.