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

Global Opportunities Trust plc (LON:GOT)’s stock price passed above its fifty day moving average during trading on Monday . The stock has a fifty 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.

Global Opportunities Trust Stock Down 1.3 %

The business has a 50-day simple moving average of GBX 285.73 and a two-hundred day simple moving average of GBX 287.96. The company has a market cap of £85.93 million, a price-to-earnings ratio of 1,547.79 and a beta of 0.42.

Insiders Place Their Bets

In other Global Opportunities Trust news, insider Sandy Nairn acquired 55,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was acquired at an average price of GBX 282 ($3.56) per share, with a total value of £155,100 ($195,734.48). Insiders own 38.90% of the company’s stock.

About Global Opportunities Trust

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.