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MIGO Opportunities Trust (LON:MIGO) Share Price Passes Below 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 below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 354.85 ($4.62) and traded as low as GBX 354 ($4.61). MIGO Opportunities Trust shares last traded at GBX 354.02 ($4.61), with a volume of 29,356 shares trading hands.

MIGO Opportunities Trust Stock Performance

The stock has a market cap of £74.41 million, a P/E ratio of 983.33 and a beta of 0.51. The company has a current ratio of 0.63, a quick ratio of 44.36 and a debt-to-equity ratio of 6.12. The stock has a 50 day simple moving average of GBX 354.85 and a 200 day simple moving average of GBX 355.37.

Insider Activity at MIGO Opportunities Trust

In other MIGO Opportunities Trust news, insider Ian Henderson bought 2,938 shares of MIGO Opportunities Trust stock in a transaction on Monday, October 28th. The shares were purchased at an average cost of GBX 355 ($4.62) per share, with a total value of £10,429.90 ($13,577.06). 17.83% of the stock is owned by insiders.

About MIGO Opportunities Trust

(Get Free Report)

Miton Global Opportunities Plc is a close-ended balanced fund of funds launched by Miton Group plc. It is managed by Miton Asset Management Limited. The fund invests in the funds investing in the public equity and fixed income markets across the globe. It primarily invests in other close ended funds.

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