AVI Global Trust (LON:AGT) Stock Price Down 1.1% - Should You Sell?

Key Points

• AVI Global Trust shares decreased by 1.1% to GBX 261.50 ($3.53), with a trading volume increase of 19% compared to the average.
• Insider June Jessop purchased 7,000 shares at an average price of GBX 257, indicating confidence from company insiders.
• The company, established in 1889, focuses on achieving capital growth through a concentrated portfolio of discounted stocks, emphasizing stock picking across the globe.

AVI Global Trust plc (LON:AGT - ) shares were down 1.1% on Monday . The stock traded as low as GBX 261.50 ($3.53) and last traded at GBX 261.50 ($3.53). Approximately 1,092,230 shares changed hands during trading, an increase of 19% from the average daily volume of 919,270 shares. The stock had previously closed at GBX 264.50 ($3.57).

AVI Global Trust Price Performance

The company's 50-day moving average is GBX 259.25 and its two-hundred day moving average is GBX 241.13. The firm has a market cap of £1.08 billion, a P/E ratio of 27,239.58 and a beta of 0.78.

Insiders Place Their Bets

In other news, insider June Jessop acquired 7,000 shares of the business's stock in a transaction that occurred on Wednesday, August 6th. The stock was acquired at an average price of GBX 257 per share, with a total value of £17,990. 0.12% of the stock is owned by corporate 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.

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