Global Opportunities Trust (LON:GOT) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Global Opportunities Trust plc (LON:GOT)’s stock price passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 282.16 ($3.55) and traded as low as GBX 276 ($3.47). Global Opportunities Trust shares last traded at GBX 276 ($3.47), with a volume of 27,102 shares changing hands.

Global Opportunities Trust Stock Performance

The firm has a market capitalization of £80.65 million, a PE ratio of 1,452.63 and a beta of 0.42. The stock’s 50-day simple moving average is GBX 282.16 and its 200-day simple moving average is GBX 291.43.

Insider Activity

In other Global Opportunities Trust news, insider Sandy Nairn bought 50,000 shares of Global Opportunities Trust stock in a transaction dated Wednesday, October 30th. The shares were purchased at an average cost of GBX 280 ($3.52) per share, with a total value of £140,000 ($175,945.71). 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.