Global Opportunities Trust (LON:GOT) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Shares of Global Opportunities Trust plc (LON:GOTGet Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 285.73 ($3.61) and traded as high as GBX 298 ($3.76). Global Opportunities Trust shares last traded at GBX 298 ($3.76), with a volume of 65,325 shares trading hands.

Global Opportunities Trust Price Performance

The business has a fifty day moving average price of GBX 285.73 and a two-hundred day moving average price of GBX 287.96. The firm has a market cap of £85.93 million, a PE ratio of 1,547.79 and a beta of 0.42.

Insider Buying and Selling at Global Opportunities Trust

In other news, insider Sandy Nairn bought 55,000 shares of the stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of GBX 282 ($3.56) per share, for a total transaction of £155,100 ($195,734.48). Corporate insiders own 38.90% of the company’s stock.

Global Opportunities Trust Company Profile

(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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