AVI Global Trust (LON:AGT) Trading Down 0.6% – What’s Next?

Shares of AVI Global Trust plc (LON:AGTGet Free Report) fell 0.6% during mid-day trading on Friday . The company traded as low as GBX 233 ($3.16) and last traded at GBX 235.50 ($3.20). 563,361 shares were traded during trading, a decline of 42% from the average session volume of 976,924 shares. The stock had previously closed at GBX 237 ($3.22).

AVI Global Trust Stock Performance

The stock’s 50-day moving average price is GBX 227.98 and its 200-day moving average price is GBX 235.80. The company has a market capitalization of £1.02 billion, a price-to-earnings ratio of 4.73 and a beta of 0.78.

Insider Buying and Selling

In related news, insider Neil Galloway acquired 10,000 shares of the business’s stock in a transaction that occurred on Monday, March 24th. The stock was purchased at an average cost of GBX 236 ($3.20) per share, for a total transaction of £23,600 ($32,021.71). Also, insider Anja Balfour acquired 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 9th. The shares were bought at an average price of GBX 204 ($2.77) per share, with a total value of £8,160 ($11,071.91). Insiders own 4.64% of the company’s stock.

AVI Global Trust Company Profile

(Get Free Report)

Established in 1889, the Company’s investment objective is to achieve capital growth through a focused portfolio of investments, particularly in companies whose shares stand at a discount to estimated underlying net asset value.

Unique
A concentrated portfolio combination of family-controlled holding companies, closed-end funds and asset-backed opportunities, unlikely to be found in other funds or indices.

Diversified
A concentrated portfolio of high conviction ideas, yet with broad diversification to sectors and companies through the holding structures of the portfolio companies.

Engaged
Seeking out good quality companies and engaging to improve shareholder value.

Active
Finding complex, inefficient, and overlooked investment opportunities.

Global
Bottom-up stock picking that is benchmark agnostic – seeking the best equity opportunities across the globe.

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