AVI Global Trust (LON:AGT) Trading Up 0.6%

AVI Global Trust plc (LON:AGT)’s stock price traded up 0.6% during trading on Wednesday . The company traded as high as GBX 238.50 ($3.03) and last traded at GBX 237.50 ($3.01). 977,340 shares traded hands during mid-day trading, an increase of 40% from the average session volume of 695,641 shares. The stock had previously closed at GBX 236 ($2.99).

AVI Global Trust Stock Up 0.6 %

The business has a fifty day moving average of GBX 239.47 and a 200 day moving average of GBX 229.22. The stock has a market cap of £1.07 billion, a price-to-earnings ratio of 848.21 and a beta of 0.78. The company has a debt-to-equity ratio of 15.75, a current ratio of 2.15 and a quick ratio of 12.68.

AVI Global Trust Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, July 19th. Investors of record on Thursday, June 20th will be issued a GBX 1.20 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, June 20th. This represents a yield of 0.49%. AVI Global Trust’s dividend payout ratio is currently 1,428.57%.

AVI Global Trust Company Profile

AVI Global Trust plc is a closed-ended equity mutual fund launched and managed by Asset Value Investors Limited. The fund invests in public equity markets of countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.