Seraphim Space Investment Trust (LON:SSIT) Shares Up 2.3% – Time to Buy?

Seraphim Space Investment Trust (LON:SSIT)’s share price shot up 2.3% during trading on Thursday . The company traded as high as GBX 191.20 and last traded at GBX 188.24. Approximately 1,244,141 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 2,815,917 shares. The stock had previously closed at GBX 184.

Seraphim Space Investment Trust Stock Up 2.3%

The company has a market cap of £446.51 million, a P/E ratio of 4.56 and a beta of 2.14. The firm has a fifty day moving average price of GBX 177.96 and a 200 day moving average price of GBX 182.01.

Insider Transactions at Seraphim Space Investment Trust

In related news, insider Will Whitehorn acquired 12,450 shares of the firm’s stock in a transaction on Friday, June 26th. The shares were purchased at an average price of GBX 79 per share, with a total value of £9,835.50. In the last 90 days, insiders have bought 25,450 shares of company stock worth $2,929,550. 0.19% of the stock is owned by corporate 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.