AVI Global Trust (LON:AGT) Shares Down 0.2% - Should You Sell?

Key Points

• AVI Global Trust's stock fell 0.2% to GBX 262 ($3.54) on Friday, with trading volume increasing to approximately 2.5 million shares, a 172% rise from the average.
• The company has a significant market capitalization of £1.09 billion and a high price-to-earnings ratio of 27,291.67, indicating an expensive valuation.
• Insider June Jessop recently acquired 7,000 shares at £257 each, showing insider confidence while corporate insiders own only 0.12% of the stock.

AVI Global Trust plc (LON:AGT - Get Free Report)'s share price was down 0.2% during trading on Friday . The stock traded as low as GBX 260.50 ($3.50) and last traded at GBX 262 ($3.52). Approximately 2,525,491 shares were traded during mid-day trading, an increase of 172% from the average daily volume of 929,659 shares. The stock had previously closed at GBX 262.50 ($3.53).

AVI Global Trust Trading Down 0.1%

The company's 50-day moving average is GBX 253.89 and its 200 day moving average is GBX 239.54. The stock has a market capitalization of £1.08 billion, a PE ratio of 27,049.48 and a beta of 0.78.

Insiders Place Their Bets

In related news, insider June Jessop purchased 7,000 shares of the business's stock in a transaction dated Wednesday, August 6th. The stock was acquired at an average price of GBX 257 per share, for a total transaction of £17,990. Corporate insiders own 0.12% of the company's stock.

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.