AVI Global Trust (LON:AGT) Trading 0.4% Higher – Here’s Why

AVI Global Trust plc (LON:AGT) shares rose 0.4% during trading on Thursday . The stock traded as high as GBX 231.50 ($3.03) and last traded at GBX 231.50 ($3.03). Approximately 533,737 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 706,855 shares. The stock had previously closed at GBX 230.50 ($3.02).

AVI Global Trust Stock Performance

The stock has a fifty day moving average of GBX 229.95 and a 200-day moving average of GBX 234.95. The company has a quick ratio of 12.68, a current ratio of 2.15 and a debt-to-equity ratio of 15.75. The firm has a market capitalization of £1.05 billion, a P/E ratio of 826.79 and a beta of 0.78.

Insider Activity

In other news, insider June Jessop acquired 17,000 shares of the stock in a transaction on Monday, August 5th. The shares were purchased at an average price of GBX 221 ($2.89) per share, for a total transaction of £37,570 ($49,168.96). 4.64% of the stock is owned by insiders.

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.