Mobius Investment Trust plc (LON:MMIT – Get Free Report)’s stock price was 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 traded hands 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 Price Performance
The stock has a fifty day moving average price of GBX 171.39 and a 200-day moving average price of GBX 152.54. The company has a market cap of £115.94 million, a PE ratio of 17.70 and a beta of 0.74.
About Mobius Investment Trust
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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