Seraphim Space Investment Trust (LON:SSIT) Reaches New 1-Year High – Here’s What Happened

Seraphim Space Investment Trust (LON:SSIT)’s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 284 and last traded at GBX 275.70, with a volume of 2405660 shares trading hands. The stock had previously closed at GBX 273.50.

Seraphim Space Investment Trust Stock Performance

The firm’s 50-day moving average price is GBX 192.76 and its two-hundred day moving average price is GBX 143.80. The firm has a market capitalization of £655.46 million, a price-to-earnings ratio of 6.70 and a beta of 2.28.

Seraphim Space Investment Trust (LON:SSIT) last released its quarterly earnings results on Thursday, March 5th. The company reported GBX (0.89) EPS for the quarter. Seraphim Space Investment Trust had a net margin of 1,940.84% and a return on equity of 20.81%.

Insider Buying and Selling

In other news, insider Will Whitehorn purchased 10,000 shares of Seraphim Space Investment Trust stock in a transaction on Friday, May 15th. The shares were purchased at an average cost of GBX 100 per share, for a total transaction of £10,000. 0.14% of the stock is currently owned by company insiders.

Seraphim Space Investment Trust Company Profile

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.