AVI Global Trust (LON:AGT) Issues Quarterly Earnings Results

AVI Global Trust (LON:AGT) posted its earnings results on Tuesday. The company reported GBX 4.62 EPS for the quarter, Digital Look Earnings reports. AVI Global Trust had a net margin of 92.40% and a return on equity of 4.87%. The firm had revenue of GBX 2,583 million for the quarter.

AVI Global Trust Stock Up 0.6%

Shares of LON AGT traded up GBX 1.50 during trading on Tuesday, reaching GBX 244. 719,139 shares of the stock were exchanged, compared to its average volume of 975,488. AVI Global Trust has a twelve month low of GBX 235.07 and a twelve month high of GBX 272.50. The company has a quick ratio of 12.68, a current ratio of 65.33 and a debt-to-equity ratio of 15.01. The company has a market capitalization of £946.11 million, a price-to-earnings ratio of 20.78 and a beta of 0.96. The business’s 50-day moving average price is GBX 254.27 and its 200 day moving average price is GBX 256.96.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group reissued a “buy” rating on shares of AVI Global Trust in a research report on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, AVI Global Trust has an average rating of “Buy”.

Insider Activity

In other AVI Global Trust news, insider Seema Paterson purchased 19,345 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The shares were acquired at an average price of GBX 259 per share, for a total transaction of £50,103.55. Insiders own 0.14% of the company’s stock.

About AVI Global Trust

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.