MIGO Opportunities Trust (LON:MIGO) Posts Earnings Results

MIGO Opportunities Trust (LON:MIGO) announced its quarterly earnings results on Tuesday. The company reported GBX 3.80 earnings per share (EPS) for the quarter, Digital Look Earnings reports. MIGO Opportunities Trust had a net margin of 78.95% and a return on equity of 9.96%.

MIGO Opportunities Trust Trading Down 0.1%

MIGO stock opened at GBX 407.96 on Tuesday. MIGO Opportunities Trust has a 1-year low of GBX 362 and a 1-year high of GBX 420. The firm has a market cap of £69.24 million, a PE ratio of 10.62 and a beta of 0.19. The business’s 50-day moving average price is GBX 407.58 and its two-hundred day moving average price is GBX 397.39.

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.