Seraphim Space Investment Trust (LON:SSIT) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Shares of Seraphim Space Investment Trust (LON:SSIT – Get Free Report) crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of GBX 179.53 and traded as low as GBX 166. Seraphim Space Investment Trust shares last traded at GBX 168.60, with a volume of 1,112,307 shares trading hands.

Seraphim Space Investment Trust Stock Down 7.1%

The stock has a market capitalization of £630.07 million, a P/E ratio of 1.38 and a beta of 2.13. The business’s 50 day simple moving average is GBX 187.18 and its two-hundred day simple moving average is GBX 179.53.

Seraphim Space Investment Trust (LON:SSIT – Get Free Report) last issued its quarterly earnings data on Thursday, October 15th. The company reported GBX (1.98) earnings per share (EPS) for the quarter. Seraphim Space Investment Trust had a negative net margin of 1,113.26% and a positive return on equity of 58.72%.

About Seraphim Space Investment Trust

(Get Free Report)

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.

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