Global Opportunities Trust (LON:GOT) Shares Pass Above 50 Day Moving Average – Here’s Why

Global Opportunities Trust plc (LON:GOTGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 284.55 ($3.58) and traded as high as GBX 294.98 ($3.71). Global Opportunities Trust shares last traded at GBX 286.46 ($3.61), with a volume of 11,410 shares.

Global Opportunities Trust Trading Up 0.9 %

The company has a market capitalization of £86.13 million, a PE ratio of 1,551.37 and a beta of 0.42. The stock has a fifty day simple moving average of GBX 284.73 and a 200-day simple moving average of GBX 288.28.

Insiders Place Their Bets

In other news, insider Sandy Nairn bought 55,000 shares of Global Opportunities Trust stock in a transaction dated Thursday, December 12th. The stock was acquired at an average cost of GBX 282 ($3.55) per share, with a total value of £155,100 ($195,217.12). 38.90% of the stock is owned by company insiders.

Global Opportunities Trust Company Profile

(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.

Featured Stories

Receive News & Ratings for Global Opportunities Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Global Opportunities Trust and related companies with MarketBeat.com's FREE daily email newsletter.