AVI Global Trust (LON:AGT) Reaches New 52-Week Low – Time to Sell?

Shares of AVI Global Trust plc (LON:AGTGet Free Report) reached a new 52-week low on Friday . The company traded as low as GBX 213.73 ($2.80) and last traded at GBX 214.21 ($2.81), with a volume of 474186 shares changing hands. The stock had previously closed at GBX 221 ($2.90).

AVI Global Trust Stock Down 4.1 %

The company has a 50-day moving average of GBX 240.19 and a 200-day moving average of GBX 237.57. The company has a market cap of £920.25 million, a PE ratio of 4.26 and a beta of 0.78.

Insider Buying and Selling at AVI Global Trust

In other AVI Global Trust news, insider Graham Kitchen purchased 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 25th. The stock was bought at an average cost of GBX 246 ($3.22) per share, with a total value of £12,300 ($16,116.35). Also, insider Neil Galloway bought 10,000 shares of the firm’s stock in a transaction dated Monday, March 24th. The shares were acquired at an average cost of GBX 236 ($3.09) per share, with a total value of £23,600 ($30,922.43). Company insiders own 4.64% of the company’s stock.

About AVI Global Trust

(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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