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

Global Opportunities Trust logo with Financial Services background

Global Opportunities Trust plc (LON:GOT - Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 281.52 ($3.44) and traded as high as GBX 284 ($3.47). Global Opportunities Trust shares last traded at GBX 278 ($3.39), with a volume of 16,572 shares changing hands.

Global Opportunities Trust Stock Performance

The firm has a market capitalization of £81.23 million, a PE ratio of 1,463.16 and a beta of 0.42. The company's 50-day moving average price is GBX 281.60 and its 200-day moving average price is GBX 289.36.

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 stock was purchased at an average cost of GBX 282 ($3.44) per share, with a total value of £155,100 ($189,377.29). Company 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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