AVI Global Trust (LON:AGT) Trading Up 1.7% - Here's Why

Key Points

• Up 1.7% — AVI Global Trust shares rose on Wednesday, trading as high as GBX 248.50 and last at GBX 245.50 on volume of about 1,849,264 shares, a 104% increase versus average daily volume.
• Insider Neil Galloway bought 10,000 shares on March 10 at GBX 254 per share, and company insiders currently own just 0.13% of the stock.
• Valuation — the trust has a market capitalization of approximately £996.6 million and a price-to-earnings ratio of 8.77, with its 50- and 200-day moving averages near GBX 257.

AVI Global Trust plc (LON:AGT - )'s stock price was up 1.7% on Wednesday . The stock traded as high as GBX 248.50 and last traded at GBX 245.50. Approximately 1,849,264 shares changed hands during trading, an increase of 104% from the average daily volume of 905,443 shares. The stock had previously closed at GBX 241.50.

AVI Global Trust Trading Up 1.7%

The company has a market capitalization of £996.59 million, a price-to-earnings ratio of 8.77 and a beta of 0.91. The company has a debt-to-equity ratio of 14.08, a quick ratio of 12.68 and a current ratio of 12.05. The business's 50-day simple moving average is GBX 257.29 and its 200-day simple moving average is GBX 257.18.

Insider Buying and Selling at AVI Global Trust

In other AVI Global Trust news, insider Neil Galloway acquired 10,000 shares of the business's stock in a transaction that occurred on Tuesday, March 10th. The shares were acquired at an average cost of GBX 254 per share, for a total transaction of £25,400. 0.13% of the stock is currently owned by company insiders.

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.

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