AVI Global Trust (LON:AGT) Trading 0.6% Higher – Should You Buy?

AVI Global Trust plc (LON:AGT) shares were up 0.6% during mid-day trading on Wednesday . The company traded as high as GBX 237.50 ($3.09) and last traded at GBX 236.50 ($3.08). Approximately 613,248 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 1,012,913 shares. The stock had previously closed at GBX 235 ($3.06).

AVI Global Trust Price Performance

The company has a market capitalization of £1.03 billion, a P/E ratio of 4.75 and a beta of 0.78. The firm’s 50-day moving average is GBX 242.43 and its 200-day moving average is GBX 237.26.

Insider Activity

In related news, insider Graham Kitchen acquired 5,000 shares of the stock in a transaction dated Tuesday, February 25th. The shares were purchased at an average cost of GBX 246 ($3.20) per share, with a total value of £12,300 ($16,001.04). Insiders own 4.64% of the company’s stock.

AVI Global Trust Company Profile

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.