MIGO Opportunities Trust (LON:MIGO) Trading 0.1% Higher – What’s Next?

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

MIGO Opportunities Trust Trading Up 0.1 %

The firm’s 50-day moving average price is GBX 354.95 and its 200 day moving average price is GBX 355.81. The company has a market cap of £74.73 million, a price-to-earnings ratio of 987.50 and a beta of 0.51. The company has a current ratio of 0.63, a quick ratio of 44.36 and a debt-to-equity ratio of 6.12.

Insiders Place Their Bets

In other news, insider Ian Henderson purchased 2,938 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were acquired at an average cost of GBX 355 ($4.53) per share, with a total value of £10,429.90 ($13,305.14). Corporate 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.