Free Trial

MIGO Opportunities Trust (LON:MIGO) Share Price Passes Above Fifty Day Moving Average - Time to Sell?

MIGO Opportunities Trust logo with Financial Services background

Shares of MIGO Opportunities Trust plc (LON:MIGO - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 353.82 ($4.30) and traded as high as GBX 353.90 ($4.30). MIGO Opportunities Trust shares last traded at GBX 353.90 ($4.30), with a volume of 24,053 shares trading hands.

MIGO Opportunities Trust Price Performance

The firm has a market cap of £74.39 million, a P/E ratio of 983.05 and a beta of 0.51. The company has a fifty day moving average of GBX 353.82 and a 200-day moving average of GBX 355.01. The company has a debt-to-equity ratio of 6.12, a current ratio of 0.63 and a quick ratio of 44.36.

Insiders Place Their Bets

In other MIGO Opportunities Trust news, insider Ian Henderson bought 2,938 shares of the stock in a transaction dated Monday, October 28th. The shares were bought at an average cost of GBX 355 ($4.32) per share, for a total transaction of £10,429.90 ($12,685.36). Insiders own 17.83% of the company's stock.

MIGO Opportunities Trust Company Profile

(Get Free Report)

The Company aims to outperform Sterling Overnight Interbank Average (SONIA)* 3 month plus 2% over the longer term, principally through exploiting the pricing of closed-end funds. The Company invests in closed-end investment funds traded on the London Stock Exchange's Main Market, but has the flexibility to invest in investment funds listed or dealt on other recognised stock exchanges, in unlisted closed-end funds (including, but not limited to, funds traded on the FTSE AIM All-Share Index) and in open-ended investment funds.

Featured Stories

Should You Invest $1,000 in MIGO Opportunities Trust Right Now?

Before you consider MIGO Opportunities Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MIGO Opportunities Trust wasn't on the list.

While MIGO Opportunities Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginners Guide To Retirement Stocks Cover

Click the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Transportation Stocks to Watch in 2025: Top Picks for Growth
Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines