AVI Global Trust (LON:AGT) Reaches New 1-Year High - Here's Why

AVI Global Trust plc (LON:AGT - Get Free Report) shares hit a new 52-week high during trading on Thursday . The company traded as high as GBX 257 ($3.49) and last traded at GBX 256 ($3.48), with a volume of 514268 shares traded. The stock had previously closed at GBX 252 ($3.42).

AVI Global Trust Price Performance

The stock has a market capitalization of £1.12 billion, a price-to-earnings ratio of 5.17 and a beta of 0.78. The company has a 50-day simple moving average of GBX 239.39 and a two-hundred day simple moving average of GBX 236.17.

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.

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