Global Opportunities Trust (LON:GOT) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Global Opportunities Trust plc (LON:GOT)’s stock price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 292.84 ($3.89) and traded as high as GBX 296 ($3.93). Global Opportunities Trust shares last traded at GBX 294 ($3.90), with a volume of 43,423 shares trading hands.

Global Opportunities Trust Price Performance

The firm has a market capitalization of £87.08 million, a P/E ratio of 1,568.42 and a beta of 0.42. The firm has a 50-day moving average price of GBX 292.92 and a two-hundred day moving average price of GBX 287.09.

Global Opportunities Trust Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, June 5th will be given a dividend of GBX 10 ($0.13) per share. This is a boost from Global Opportunities Trust’s previous dividend of $5.00. The ex-dividend date is Thursday, June 5th. This represents a yield of 3.45%. Global Opportunities Trust’s dividend payout ratio is presently 2,631.58%.

Insider Activity

In other Global Opportunities Trust news, insider Sandy Nairn acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 9th. The shares were purchased at an average cost of GBX 282 ($3.74) per share, for a total transaction of £28,200 ($37,415.42). Corporate insiders own 38.90% of the company’s stock.

Global Opportunities Trust Company Profile

EP Global Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors.