Global Opportunities Trust (LON:GOT) Share Price Crosses Above 50-Day Moving Average – Should You Sell?

by · The Markets Daily

Global Opportunities Trust plc (LON:GOT – Get Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 281.86 ($3.50) and traded as high as GBX 288 ($3.58). Global Opportunities Trust shares last traded at GBX 288 ($3.58), with a volume of 8 shares traded.

Global Opportunities Trust Stock Performance

The company’s 50-day simple moving average is GBX 281.66 and its 200-day simple moving average is GBX 289.92. The company has a market capitalization of £81.22 million, a PE ratio of 1,463.01 and a beta of 0.42.

Insider Buying and Selling

In related news, insider Sandy Nairn purchased 55,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 12th. The stock was purchased at an average cost of GBX 282 ($3.50) per share, with a total value of £155,100 ($192,670.81). Corporate insiders own 38.90% of the company’s stock.

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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