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MIGO Opportunities Trust (LON:MIGO) Hits New 1-Year High - Time to Buy?

MIGO Opportunities Trust logo with Financial Services background

Shares of MIGO Opportunities Trust plc (LON:MIGO - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as GBX 374 ($5.14) and last traded at GBX 372.17 ($5.11), with a volume of 136117 shares trading hands. The stock had previously closed at GBX 372 ($5.11).

MIGO Opportunities Trust Stock Up 0.0%

The company has a debt-to-equity ratio of 15.11, a quick ratio of 44.36 and a current ratio of 0.37. The company's 50-day moving average price is GBX 341.76 and its 200 day moving average price is GBX 342.88. The stock has a market capitalization of £74.11 million, a P/E ratio of 8.98 and a beta of 0.51.

About MIGO Opportunities Trust

(Get Free Report)

The Company aims to outperform Sterling Overnight Interbank Average (SONIA)* 3 month plus 2% over the longer term, principally through exploiting the pricing of closed-end funds. The Company invests in closed-end investment funds traded on the London Stock Exchange's Main Market, but has the flexibility to invest in investment funds listed or dealt on other recognised stock exchanges, in unlisted closed-end funds (including, but not limited to, funds traded on the FTSE AIM All-Share Index) and in open-ended investment funds.

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