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

by · The Markets Daily

Global Opportunities Trust plc (LON:GOT – Get Free Report) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 282.16 ($3.55) and traded as low as GBX 276 ($3.47). Global Opportunities Trust shares last traded at GBX 276 ($3.47), with a volume of 27,102 shares trading hands.

Global Opportunities Trust Stock Down 0.7 %

The firm has a 50 day moving average of GBX 281.92 and a 200-day moving average of GBX 291.20. The company has a market cap of £80.65 million, a P/E ratio of 1,452.63 and a beta of 0.42.

Insider Buying and Selling

In related news, insider Sandy Nairn purchased 55,000 shares of Global Opportunities Trust stock in a transaction dated Thursday, December 12th. The stock was purchased at an average cost of GBX 282 ($3.54) per share, with a total value of £155,100 ($194,922.71). 38.90% of the stock is owned by 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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