Mobius Investment Trust (LON:MMIT) Sets New 52-Week High – Still a Buy?

Mobius Investment Trust plc (LON:MMITGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 143.50 ($1.86) and last traded at GBX 138.67 ($1.80), with a volume of 69574 shares trading hands. The stock had previously closed at GBX 140 ($1.82).

Mobius Investment Trust Stock Performance

The stock has a market capitalization of £160.05 million, a PE ratio of 1,166.67 and a beta of 0.74. The company’s fifty day simple moving average is GBX 137.72 and its two-hundred day simple moving average is GBX 135.39.

About Mobius Investment Trust

(Get Free Report)

Mobius Investment Trust PLC is a closed-ended fund launched and managed by Mobius Capital Partners LLP. It invests in the public equity markets of emerging or frontier markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in stocks of small and mid-cap companies.

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