AVI Global Trust (LON:AGT) Shares Down 0.4% - Here's What Happened

AVI Global Trust plc (LON:AGT - Get Free Report) traded down 0.4% on Thursday . The company traded as low as GBX 231.50 ($3.11) and last traded at GBX 233 ($3.13). 1,086,208 shares traded hands during trading, an increase of 8% from the average session volume of 1,008,702 shares. The stock had previously closed at GBX 234 ($3.14).

AVI Global Trust Stock Performance

The stock has a 50 day simple moving average of GBX 226.06 and a two-hundred day simple moving average of GBX 235.93. The firm has a market cap of £1.01 billion, a PE ratio of 4.68 and a beta of 0.78.

Insider Buying and Selling at AVI Global Trust

In related news, insider Neil Galloway acquired 10,000 shares of AVI Global Trust stock in a transaction on Monday, March 24th. The stock was acquired at an average price of GBX 236 ($3.17) per share, for a total transaction of £23,600 ($31,677.85). Also, insider Graham Kitchen acquired 5,000 shares of AVI Global Trust stock in a transaction on Tuesday, February 25th. The shares were bought at an average price of GBX 246 ($3.30) per share, with a total value of £12,300 ($16,510.07). In the last quarter, insiders purchased 19,000 shares of company stock worth $4,406,000. Insiders own 4.64% 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.

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