MIGO Opportunities Trust (LON:MIGO) Trading 0.1% Higher – Time to Buy?

MIGO Opportunities Trust plc (LON:MIGO)’s share price traded up 0.1% during trading on Wednesday . The stock traded as high as GBX 355.50 ($4.54) and last traded at GBX 355.50 ($4.54). 18,242 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 38,604 shares. The stock had previously closed at GBX 355 ($4.53).

MIGO Opportunities Trust Trading Up 0.1 %

The company has a debt-to-equity ratio of 6.12, a current ratio of 0.63 and a quick ratio of 44.36. The firm has a fifty day simple moving average of GBX 354.95 and a two-hundred day simple moving average of GBX 355.81. The firm has a market capitalization of £74.73 million, a P/E ratio of 987.50 and a beta of 0.51.

Insider Activity

In other MIGO Opportunities Trust news, insider Ian Henderson acquired 2,938 shares of MIGO Opportunities Trust stock in a transaction that occurred on Monday, October 28th. The stock was acquired at an average cost of GBX 355 ($4.53) per share, for a total transaction of £10,429.90 ($13,305.14). Insiders own 17.83% of the company’s stock.

MIGO Opportunities Trust Company Profile

Miton Global Opportunities Plc is a close-ended balanced fund of funds launched by Miton Group plc. It is managed by Miton Asset Management Limited. The fund invests in the funds investing in the public equity and fixed income markets across the globe. It primarily invests in other close ended funds.