Insider Buying: MIGO Opportunities Trust (LON:MIGO) Insider Purchases £9,942.87 in Stock

MIGO Opportunities Trust plc (LON:MIGO) insider Ian Henderson acquired 2,373 shares of MIGO Opportunities Trust stock in a transaction dated Monday, October 5th. The shares were bought at an average price of GBX 419 per share, with a total value of £9,942.87.

MIGO Opportunities Trust Price Performance

Shares of MIGO opened at GBX 416.50 on Friday. The company has a debt-to-equity ratio of 14.26, a current ratio of 0.72 and a quick ratio of 44.36. MIGO Opportunities Trust plc has a 1-year low of GBX 362 and a 1-year high of GBX 421. The stock has a market cap of £70.69 million, a PE ratio of 5.90 and a beta of 0.37. The firm has a fifty day moving average price of GBX 413.38 and a 200 day moving average price of GBX 405.75.

MIGO Opportunities Trust (LON:MIGO) last posted its quarterly earnings data on Tuesday, July 14th. The company reported GBX 3.80 earnings per share for the quarter. MIGO Opportunities Trust had a return on equity of 17.99% and a net margin of 86.95%.

About MIGO Opportunities Trust

MIGO invests in discount opportunities in the closed-ended sector where the managers believe there is a catalyst to extract the value. The trust is able to invest in any geography or asset class providing it is held in an investment trust structure.

The Company aims to outperform Sterling Overnight Interbank Average (SONIA)* 3 month plus 2% over the longer term, principally through exploiting the pricing of closed-end funds.

The Company invests in closed-end investment funds traded on the London Stock Exchange’s Main Market, but has the flexibility to invest in investment funds listed or dealt on other recognised stock exchanges, in unlisted closed-end funds (including, but not limited to, funds traded on the FTSE AIM All-Share Index) and in open-ended investment funds.