Global Opportunities Trust (LON:GOT) Stock Price Passes Above 50-Day Moving Average – Time to Sell?

Global Opportunities Trust plc (LON:GOTGet Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 281.52 ($3.44) and traded as high as GBX 284 ($3.47). Global Opportunities Trust shares last traded at GBX 278 ($3.39), with a volume of 16,572 shares.

Global Opportunities Trust Trading Down 0.7 %

The company has a 50 day simple moving average of GBX 281.60 and a two-hundred day simple moving average of GBX 289.36. The firm has a market capitalization of £81.23 million, a P/E ratio of 1,463.16 and a beta of 0.42.

Insider Transactions at Global Opportunities Trust

In other news, insider Sandy Nairn bought 55,000 shares of Global Opportunities Trust stock in a transaction dated Thursday, December 12th. The shares were purchased at an average cost of GBX 282 ($3.44) per share, with a total value of £155,100 ($189,377.29). Insiders own 38.90% of the company’s stock.

About Global Opportunities Trust

(Get Free Report)

EP Global Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors.

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