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Global Opportunities Trust (LON:GOT) Share Price Passes Below 50 Day Moving Average - Here's Why

Global Opportunities Trust logo with Financial Services background

Key Points

  • The share price of Global Opportunities Trust plc (LON:GOT) has fallen below its 50-day moving average, indicating a potential downturn in its stock performance.
  • The company's market capitalization is approximately £98.19 million with a high P/E ratio of 1,705.58, which may raise concerns about valuation.
  • Global Opportunities Trust reported earnings per share of GBX 4 for the last quarter, showcasing a strong net margin of 83.86%.
  • MarketBeat previews top five stocks to own in November.

Shares of Global Opportunities Trust plc (LON:GOT - Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 327.48 ($4.40) and traded as low as GBX 325.31 ($4.37). Global Opportunities Trust shares last traded at GBX 336 ($4.51), with a volume of 31,460 shares trading hands.

Global Opportunities Trust Price Performance

The business has a 50-day moving average of GBX 327.48 and a two-hundred day moving average of GBX 311.83. The company has a market cap of £98.19 million, a P/E ratio of 1,705.58 and a beta of 0.42.

Global Opportunities Trust (LON:GOT - Get Free Report) last issued its quarterly earnings data on Thursday, August 21st. The company reported GBX 4 earnings per share for the quarter. Global Opportunities Trust had a return on equity of 5.17% and a net margin of 83.86%.

About Global Opportunities Trust

(Get Free Report)

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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