AVI Global Trust (LON:AGT) Trading Up 0.2% – Time to Buy?

AVI Global Trust plc (LON:AGT)’s share price shot up 0.2% during mid-day trading on Tuesday . The company traded as high as GBX 260 and last traded at GBX 260. 2,349,113 shares were traded during mid-day trading, an increase of 110% from the average session volume of 1,118,343 shares. The stock had previously closed at GBX 259.50.

AVI Global Trust Stock Performance

The company has a market capitalization of £1.07 billion, a PE ratio of 9.29 and a beta of 0.78. The company’s 50-day moving average is GBX 255.13 and its 200 day moving average is GBX 256.98.

AVI Global Trust (LON:AGT) last issued its earnings results on Wednesday, November 12th. The company reported GBX 5.07 earnings per share (EPS) for the quarter. AVI Global Trust had a net margin of 98.28% and a return on equity of 20.08%.

Insiders Place Their Bets

In other AVI Global Trust news, insider Graham Kitchen acquired 14,500 shares of the stock in a transaction that occurred on Thursday, December 4th. The shares were acquired at an average cost of GBX 252 per share, with a total value of £36,540. 0.12% of the stock is currently owned by insiders.

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.