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Global Opportunities Trust (LON:GOT) Shares Pass Below Fifty Day Moving Average - Here's Why

Global Opportunities Trust logo with Financial Services background

Global Opportunities Trust plc (LON:GOT - Get Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 287.24 ($3.64) and traded as low as GBX 281.78 ($3.57). Global Opportunities Trust shares last traded at GBX 288 ($3.65), with a volume of 25,370 shares traded.

Global Opportunities Trust Trading Down 2.4 %

The firm has a 50 day moving average price of GBX 287.24 and a 200-day moving average price of GBX 294.87. The firm has a market capitalization of £82.11 million, a P/E ratio of 1,515.79 and a beta of 0.42.

Insider Activity at Global Opportunities Trust

In other Global Opportunities Trust news, insider Sandy Nairn purchased 50,000 shares of the company's stock in a transaction dated Wednesday, October 30th. The shares were acquired at an average price of GBX 280 ($3.55) per share, for a total transaction of £140,000 ($177,462.29). 38.90% of the stock is currently owned by company insiders.

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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