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

Global Opportunities Trust logo with Financial Services background

Global Opportunities Trust plc (LON:GOT - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 292.84 ($3.88) and traded as high as GBX 296 ($3.92). Global Opportunities Trust shares last traded at GBX 294 ($3.90), with a volume of 43,423 shares trading hands.

Global Opportunities Trust Price Performance

The company has a market cap of £84.15 million, a PE ratio of 1,515.79 and a beta of 0.42. The business's 50 day moving average is GBX 293.35 and its 200-day moving average is GBX 287.10.

Global Opportunities Trust Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Thursday, June 5th will be given a dividend of GBX 10 ($0.13) per share. This is a boost from Global Opportunities Trust's previous dividend of $5.00. This represents a dividend yield of 3.45%. The ex-dividend date of this dividend is Thursday, June 5th. Global Opportunities Trust's payout ratio is 2,631.58%.

Insider Buying and Selling

In other Global Opportunities Trust news, insider Sandy Nairn bought 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, April 9th. The stock was purchased at an average price of GBX 282 ($3.74) per share, for a total transaction of £28,200 ($37,365.84). Insiders own 38.90% of the company's stock.

Global Opportunities Trust Company Profile

(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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