Global Opportunities Trust (LON:GOT) Share Price Passes Above 50 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 292.07 ($3.87) and traded as high as GBX 298 ($3.95). Global Opportunities Trust shares last traded at GBX 298 ($3.95), with a volume of 6,234 shares traded.

Global Opportunities Trust Price Performance

The firm has a 50-day moving average of GBX 292.07 and a 200-day moving average of GBX 287.74. The stock has a market cap of £87.08 million, a PE ratio of 1,568.42 and a beta of 0.42.

Global Opportunities Trust Increases Dividend

The firm 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. The ex-dividend date of this dividend is Thursday, June 5th. This represents a dividend yield of 3.45%. This is a boost from Global Opportunities Trust’s previous dividend of $5.00. Global Opportunities Trust’s dividend payout ratio (DPR) is currently 2,631.58%.

Insider Buying and Selling

In other Global Opportunities Trust news, insider Sandy Nairn bought 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 9th. The stock was purchased at an average price of GBX 282 ($3.74) per share, for a total transaction of £28,200 ($37,410.45). 38.90% of the stock is currently owned by company insiders.

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.