MIGO Opportunities Trust (LON:MIGO) Sets New 52-Week Low – Should You Sell?

Shares of MIGO Opportunities Trust plc (LON:MIGOGet Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 335 ($4.33) and last traded at GBX 341 ($4.41), with a volume of 16759 shares traded. The stock had previously closed at GBX 342.50 ($4.43).

MIGO Opportunities Trust Trading Down 0.4 %

The business has a fifty day moving average price of GBX 347.98 and a 200-day moving average price of GBX 352.05. The company has a quick ratio of 44.36, a current ratio of 0.37 and a debt-to-equity ratio of 15.11. The company has a market cap of £67.91 million, a P/E ratio of 8.23 and a beta of 0.51.

About MIGO Opportunities Trust

(Get Free Report)

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.

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