Mobius Investment Trust plc (LON:MMIT – Get Free Report) shares passed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of GBX 164.58 and traded as low as GBX 163. Mobius Investment Trust shares last traded at GBX 163.88, with a volume of 33,489 shares changing hands.
Mobius Investment Trust Trading Down 2.4%
The company has a market capitalization of £105.76 million, a price-to-earnings ratio of 2.77 and a beta of 0.65. The stock has a 50-day simple moving average of GBX 178.53 and a 200-day simple moving average of GBX 164.58.
About Mobius Investment Trust
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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