Mobius Investment Trust plc (LON:MMIT - Get Free Report) shares were down 1.9% during mid-day trading on Monday . The company traded as low as GBX 127.50 ($1.67) and last traded at GBX 127.50 ($1.67). Approximately 59,327 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 119,361 shares. The stock had previously closed at GBX 130 ($1.70).
Mobius Investment Trust Stock Down 3.6 %
The company has a market capitalization of £139.00 million, a PE ratio of 8.03 and a beta of 0.74. The firm's 50 day simple moving average is GBX 138.61 and its 200 day simple moving average is GBX 140.01.
Mobius Investment Trust (LON:MMIT - Get Free Report) last issued its quarterly earnings results on Monday, March 10th. The company reported GBX 1.91 ($0.03) earnings per share (EPS) for the quarter. Mobius Investment Trust had a return on equity of 10.49% and a net margin of 81.04%.
Mobius Investment Trust Increases Dividend
The company also recently announced a dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Thursday, May 1st will be issued a GBX 1.70 ($0.02) dividend. This represents a dividend yield of 1.27%. This is a boost from Mobius Investment Trust's previous dividend of $1.25. The ex-dividend date is Thursday, May 1st. Mobius Investment Trust's dividend payout ratio is currently 6.69%.
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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