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Global Opportunities Trust (LON:GOT) Stock Passes Below 50-Day Moving Average - What's Next?

Global Opportunities Trust logo with Financial Services background

Global Opportunities Trust plc (LON:GOT - Get Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-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.

Global Opportunities Trust Stock Performance

The business has a 50-day moving average of GBX 281.92 and a 200-day moving average of GBX 291.32. The stock has a market capitalization of £80.65 million, a price-to-earnings ratio of 1,452.63 and a beta of 0.42.

Insider Activity

In other news, insider Sandy Nairn bought 55,000 shares of the firm's stock in a transaction that occurred on Thursday, December 12th. The shares were purchased at an average price of GBX 282 ($3.54) per share, with a total value of £155,100 ($194,922.71). Insiders own 38.90% of the company's stock.

About Global Opportunities Trust

(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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