Global Opportunities Trust (LON:GOT) Stock Passes Above 50-Day Moving Average – Should You Sell?

Global Opportunities Trust plc (LON:GOT)’s stock price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 282.84 ($3.52) and traded as high as GBX 289 ($3.60). Global Opportunities Trust shares last traded at GBX 284.10 ($3.53), with a volume of 287,250 shares trading hands.

Global Opportunities Trust Stock Up 0.0 %

The stock’s 50-day moving average price is GBX 282.84 and its 200 day moving average price is GBX 288.52. The company has a market cap of £83.01 million, a P/E ratio of 1,495.26 and a beta of 0.42.

Insider Buying and Selling

In other Global Opportunities Trust news, insider Sandy Nairn bought 55,000 shares of the stock in a transaction on Thursday, December 12th. The shares were purchased at an average price of GBX 282 ($3.51) per share, with a total value of £155,100 ($192,982.46). Insiders own 38.90% of the company’s stock.

Global Opportunities Trust Company Profile

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.