Global Opportunities Trust (LON:GOT) Hits New 1-Year High - Still a Buy?

Global Opportunities Trust plc (LON:GOT - Get Free Report)'s share price hit a new 52-week high on Tuesday . The company traded as high as GBX 314 ($4.22) and last traded at GBX 304 ($4.08), with a volume of 17787 shares changing hands. The stock had previously closed at GBX 309 ($4.15).

Global Opportunities Trust Stock Down 1.6%

The stock has a market cap of £88.83 million, a price-to-earnings ratio of 1,600.00 and a beta of 0.42. The stock has a fifty day moving average of GBX 295.72 and a two-hundred day moving average of GBX 290.93.

Global Opportunities Trust Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 10th. Investors of record on Thursday, June 5th were issued a GBX 10 ($0.13) dividend. The ex-dividend date was Thursday, June 5th. This represents a yield of 3.45%. This is a boost from Global Opportunities Trust's previous dividend of $5.00. Global Opportunities Trust's dividend payout ratio (DPR) is presently 2,631.58%.

Insider Activity at Global Opportunities Trust

In related news, insider Sandy Nairn acquired 10,000 shares of Global Opportunities Trust stock in a transaction on Wednesday, April 9th. The shares were bought at an average price of GBX 282 ($3.79) per share, for a total transaction of £28,200 ($37,857.43). 38.90% of the stock is owned by insiders.

About Global Opportunities Trust

EP Global Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors.

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