MIGO Opportunities Trust plc (LON:MIGO - Get Free Report) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 354.41 ($4.43) and traded as low as GBX 351 ($4.39). MIGO Opportunities Trust shares last traded at GBX 351.22 ($4.39), with a volume of 811 shares changing hands.
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 company has a market capitalization of £74.25 million, a PE ratio of 981.24 and a beta of 0.51. The firm has a 50-day simple moving average of GBX 354.41 and a 200 day simple moving average of GBX 355.31.
In other news, insider Ian Henderson purchased 2,938 shares of the stock in a transaction that occurred on Monday, October 28th. The stock was acquired at an average cost of GBX 355 ($4.44) per share, with a total value of £10,429.90 ($13,050.43). 17.83% of the stock is currently owned by corporate insiders.
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.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
Before you consider MIGO Opportunities Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MIGO Opportunities Trust wasn't on the list.
While MIGO Opportunities Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.