MIGO Opportunities Trust (LON:MIGO) Releases Earnings Results

MIGO Opportunities Trust (LON:MIGO - Get Free Report) released its earnings results on Wednesday. The company reported GBX 1.60 ($0.02) EPS for the quarter, Digital Look Earnings reports. MIGO Opportunities Trust had a return on equity of 12.13% and a net margin of 83.33%.

MIGO Opportunities Trust Trading Up 0.4%

Shares of LON:MIGO traded up GBX 1.50 ($0.02) on Friday, reaching GBX 372 ($5.02). 160,898 shares of the company traded hands, compared to its average volume of 43,303. The business's 50-day simple moving average is GBX 349.45 and its 200 day simple moving average is GBX 344.06. MIGO Opportunities Trust has a 52 week low of GBX 311 ($4.20) and a 52 week high of GBX 379 ($5.11). The stock has a market capitalization of £74.08 million, a P/E ratio of 8.98 and a beta of 0.51. The company has a current ratio of 0.37, a quick ratio of 44.36 and a debt-to-equity ratio of 15.11.

MIGO Opportunities Trust Company Profile

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.