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Global Opportunities Trust (LON:GOT) Shares Cross Above 50-Day Moving Average - Time to Sell?

Global Opportunities Trust logo with Financial Services background

Global Opportunities Trust plc (LON:GOT - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 283.94 ($3.52) and traded as high as GBX 289.94 ($3.60). Global Opportunities Trust shares last traded at GBX 288.87 ($3.58), with a volume of 35,022 shares trading hands.

Global Opportunities Trust Stock Performance

The stock has a 50 day moving average of GBX 284.07 and a two-hundred day moving average of GBX 288.31. The stock has a market cap of £84.01 million, a PE ratio of 1,513.16 and a beta of 0.42.

Insider Transactions at Global Opportunities Trust

In related news, insider Sandy Nairn acquired 55,000 shares of the stock in a transaction that occurred on Thursday, December 12th. The shares were purchased at an average cost of GBX 282 ($3.50) per share, with a total value of £155,100 ($192,384.02). 38.90% of the stock is currently owned by 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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