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

AVI Global Trust plc (LON:AGT - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 250 ($3.36) and last traded at GBX 249.56 ($3.35), with a volume of 59099 shares changing hands. The stock had previously closed at GBX 248.50 ($3.34).

AVI Global Trust Stock Performance

The firm's fifty day simple moving average is GBX 238.31 and its 200-day simple moving average is GBX 236.02. The stock has a market cap of £1.09 billion, a P/E ratio of 5.03 and a beta of 0.78.

AVI Global Trust Company Profile

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.