MIGO Opportunities Trust (LON:MIGO) Announces Quarterly Earnings Results

MIGO Opportunities Trust (LON:MIGO) issued its earnings results on Wednesday. The company reported GBX 1.60 ($0.02) EPS for the quarter, Digital Look Earnings reports. MIGO Opportunities Trust had a return on equity of 12.13% and a net margin of 83.33%.

MIGO Opportunities Trust Stock Performance

Shares of MIGO stock opened at GBX 370.30 ($5.03) on Wednesday. The business’s 50 day simple moving average is GBX 346.93 and its 200 day simple moving average is GBX 343.67. MIGO Opportunities Trust has a one year low of GBX 311 ($4.23) and a one year high of GBX 379 ($5.15). The stock has a market capitalization of £73.74 million, a PE ratio of 8.94 and a beta of 0.51. The company has a debt-to-equity ratio of 15.11, a current ratio of 0.37 and a quick ratio of 44.36.

About MIGO Opportunities Trust

The Company aims to outperform Sterling Overnight Interbank Average (SONIA)* 3 month plus 2% over the longer term, principally through exploiting the pricing of closed-end funds.

The Company invests in closed-end investment funds traded on the London Stock Exchange’s Main Market, but has the flexibility to invest in investment funds listed or dealt on other recognised stock exchanges, in unlisted closed-end funds (including, but not limited to, funds traded on the FTSE AIM All-Share Index) and in open-ended investment funds.