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Global Opportunities Trust (LON:GOT) Stock Crosses Above 50 Day Moving Average - Here's Why

Global Opportunities Trust logo with Financial Services background
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Global Opportunities Trust plc (LON:GOT - Get Free Report)'s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 287.72 ($3.72) and traded as high as GBX 296.63 ($3.83). Global Opportunities Trust shares last traded at GBX 291 ($3.76), with a volume of 7,454 shares trading hands.

Global Opportunities Trust Stock Performance

The firm has a market cap of £87.66 million, a P/E ratio of 1,578.95 and a beta of 0.42. The company's 50 day moving average is GBX 288.63 and its 200 day moving average is GBX 287.66.

Insider Activity

In other Global Opportunities Trust news, insider Sandy Nairn purchased 55,000 shares of the company's stock in a transaction dated Thursday, December 12th. The stock was purchased at an average price of GBX 282 ($3.64) per share, with a total value of £155,100 ($200,465.30). 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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