Mobius Investment Trust (LON:MMIT) Stock Price Down 0.6%

Posted by ABMN Staff on Apr 19th, 2024

Mobius Investment Trust plc (LON:MMIT – Get Free Report) shares traded down 0.6% during mid-day trading on Thursday . The company traded as low as GBX 128.89 ($1.60) and last traded at GBX 130 ($1.62). 135,001 shares changed hands during mid-day trading, a decline of 2% from the average session volume of 138,247 shares. The stock had previously closed at GBX 130.75 ($1.63).

Mobius Investment Trust Price Performance

The company has a market capitalization of £150.05 million, a P/E ratio of -2,166.67 and a beta of 0.71. The business has a 50-day moving average of GBX 136.16 and a 200-day moving average of GBX 132.52.

Mobius Investment Trust Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, April 11th will be given a dividend of GBX 1.25 ($0.02) per share. This represents a dividend yield of 0.91%. This is an increase from Mobius Investment Trust’s previous dividend of $1.20. The ex-dividend date is Thursday, April 11th. Mobius Investment Trust’s dividend payout ratio (DPR) is -1,666.67%.

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.