Mobius Investment Trust (LON:MMIT) Stock Price Down 0.4% – Should You Sell?

Shares of Mobius Investment Trust plc (LON:MMITGet Free Report) fell 0.4% during trading on Friday . The stock traded as low as GBX 134.73 ($1.69) and last traded at GBX 138.50 ($1.74). 92,327 shares traded hands during trading, a decline of 22% from the average session volume of 118,462 shares. The stock had previously closed at GBX 139 ($1.75).

Mobius Investment Trust Stock Down 0.4 %

The company’s 50-day moving average is GBX 144.31 and its 200 day moving average is GBX 140.67. The company has a market cap of £160.43 million, a price-to-earnings ratio of 9.27 and a beta of 0.74.

About Mobius Investment Trust

(Get Free Report)

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 20-30 small to mid-cap companies, across emerging and frontier markets.

The London listed investment trust will be managed by Mobius Capital Partners LLP (“MCP”), an investment manager launched in May 2018 by Mark Mobius, Carlos Hardenberg and Greg Konieczny.

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