Mobius Investment Trust (LON:MMIT) Shares Down 1.1% – What’s Next?

Mobius Investment Trust plc (LON:MMITGet Free Report) shares were down 1.1% during mid-day trading on Wednesday . The stock traded as low as GBX 174 and last traded at GBX 174. 74,832 shares were traded during trading, a decline of 78% from the average daily volume of 344,361 shares. The stock had previously closed at GBX 176.

Mobius Investment Trust Trading Down 1.1%

The firm has a fifty day simple moving average of GBX 170.91 and a 200 day simple moving average of GBX 152.26. The stock has a market cap of £114.30 million, a price-to-earnings ratio of 17.45 and a beta of 0.74.

About Mobius Investment Trust

(Get Free Report)

Mobius Investment Trust plc (“MMIT”) is a closed-ended investment company listed on London Stock Exchange (LSE: MMIT).

MMIT provides investors with access to a high conviction portfolio of 25-30 small to mid-cap companies, across emerging and frontier markets.

The London listed investment trust will be managed by MCP Emerging Markets LLP (“MCP”), an investment manager launched in May 2018. The Portfolio Manager is Carlos Hardenberg who has 25 years of investment experience and previously acted as the lead manager of the Templeton Emerging Markets Investment Trust (TEMIT).

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