AVI Global Trust (LON:AGT) Stock Price Up 0.4% – What’s Next?

AVI Global Trust plc (LON:AGT) rose 0.4% during trading on Tuesday . The company traded as high as GBX 246 ($3.03) and last traded at GBX 244.50 ($3.01). Approximately 805,182 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 1,934,798 shares. The stock had previously closed at GBX 243.50 ($3.00).

AVI Global Trust Price Performance

The stock has a market capitalization of £1.10 billion, a price-to-earnings ratio of 873.21 and a beta of 0.78. The company has a current ratio of 2.15, a quick ratio of 12.68 and a debt-to-equity ratio of 15.75. The company’s 50 day moving average is GBX 240.70 and its 200 day moving average is GBX 235.09.

AVI Global Trust (LON:AGT) last posted its earnings results on Wednesday, November 13th. The company reported GBX 4.20 ($0.05) EPS for the quarter. AVI Global Trust had a return on equity of 13.41% and a net margin of 97.65%.

AVI Global Trust Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Shareholders of record on Thursday, November 28th were given a dividend of GBX 2.55 ($0.03) per share. This is an increase from AVI Global Trust’s previous dividend of $1.20. This represents a yield of 1.08%. The ex-dividend date of this dividend was Thursday, November 28th. AVI Global Trust’s dividend payout ratio (DPR) is presently 1,428.57%.

Insider Activity

In other news, insider Graham Kitchen acquired 10,000 shares of the company’s stock in a transaction on Monday, November 18th. The shares were bought at an average cost of GBX 236 ($2.91) per share, with a total value of £23,600 ($29,096.29). Also, insider June Jessop acquired 6,000 shares of the business’s stock in a transaction on Wednesday, November 13th. The shares were purchased at an average price of GBX 236 ($2.91) per share, with a total value of £14,160 ($17,457.77). Corporate 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.