AVI Global Trust (LON:AGT) Sets New 52-Week Low - Should You Sell?

AVI Global Trust plc (LON:AGT - Get Free Report) reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 213.73 ($2.73) and last traded at GBX 214.21 ($2.74), with a volume of 474186 shares traded. The stock had previously closed at GBX 221 ($2.82).

AVI Global Trust Stock Down 1.7 %

The company has a market capitalization of £894.20 million, a PE ratio of 4.14 and a beta of 0.78. The firm's 50-day moving average is GBX 237.49 and its 200-day moving average is GBX 237.02.

Insider Activity

In related news, insider Graham Kitchen purchased 5,000 shares of AVI Global Trust stock in a transaction that occurred on Tuesday, February 25th. The shares were acquired at an average cost of GBX 246 ($3.14) per share, for a total transaction of £12,300 ($15,716.84). Also, insider Neil Galloway purchased 10,000 shares of the firm's stock in a transaction on Monday, March 24th. The stock was bought at an average cost of GBX 236 ($3.02) per share, for a total transaction of £23,600 ($30,155.89). Corporate insiders own 4.64% of the company's stock.

About AVI Global Trust

Established in 1889, the Company's investment objective is to achieve capital growth through a focused portfolio of investments, particularly in companies whose shares stand at a discount to estimated underlying net asset value. Unique A concentrated portfolio combination of family-controlled holding companies, closed-end funds and asset-backed opportunities, unlikely to be found in other funds or indices. Diversified A concentrated portfolio of high conviction ideas, yet with broad diversification to sectors and companies through the holding structures of the portfolio companies. Engaged Seeking out good quality companies and engaging to improve shareholder value. Active Finding complex, inefficient, and overlooked investment opportunities. Global Bottom-up stock picking that is benchmark agnostic – seeking the best equity opportunities across the globe.