Global Opportunities Trust (LON:GOT) Share Price Crosses Above 50 Day Moving Average – What’s Next?

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 282.21 ($3.48) and traded as high as GBX 292 ($3.60). Global Opportunities Trust shares last traded at GBX 290 ($3.58), with a volume of 86,255 shares trading hands.

Global Opportunities Trust Trading Up 0.7 %

The firm has a market cap of £84.74 million, a P/E ratio of 1,526.32 and a beta of 0.42. The stock has a 50 day simple moving average of GBX 282.21 and a 200-day simple moving average of GBX 288.89.

Insider Buying and Selling

In related news, insider Sandy Nairn purchased 55,000 shares of the company’s stock in a transaction that occurred on Thursday, December 12th. The stock was bought at an average price of GBX 282 ($3.48) per share, for a total transaction of £155,100 ($191,245.38). 38.90% of the stock is currently owned by company insiders.

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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