MIGO Opportunities Trust (LON:MIGO) Trading Up 0.1% – Here’s Why

MIGO Opportunities Trust plc (LON:MIGO) was up 0.1% during mid-day trading on Wednesday . The stock traded as high as GBX 355.50 ($4.49) and last traded at GBX 355.50 ($4.49). Approximately 18,242 shares were traded during mid-day trading, a decline of 53% from the average daily volume of 38,604 shares. The stock had previously closed at GBX 355 ($4.48).

MIGO Opportunities Trust Price Performance

The company has a market cap of £74.73 million, a price-to-earnings ratio of 983.33 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. The business has a 50-day moving average price of GBX 354.97 and a 200 day moving average price of GBX 355.81.

Insider Activity

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 price of GBX 355 ($4.48) per share, with a total value of £10,429.90 ($13,164.08). Corporate insiders own 17.83% of the company’s stock.

About MIGO Opportunities Trust

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.