MIGO Opportunities Trust plc (LON:MIGO - Get Free Report) shares crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 353.32 ($4.39) and traded as low as GBX 349 ($4.34). MIGO Opportunities Trust shares last traded at GBX 349 ($4.34), with a volume of 31,132 shares traded.
MIGO Opportunities Trust Price Performance
The company has a debt-to-equity ratio of 6.12, a quick ratio of 44.36 and a current ratio of 0.63. The company has a 50-day moving average of GBX 353.12 and a 200-day moving average of GBX 354.54. The stock has a market capitalization of £73.15 million, a price-to-earnings ratio of 966.67 and a beta of 0.51.
MIGO Opportunities Trust Company Profile
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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.
Further Reading
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