MIGO Opportunities Trust (LON:MIGO) Announces Quarterly Earnings Results

MIGO Opportunities Trust (LON:MIGO - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 1.60 ($0.02) earnings per share (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 Stock Up 0.4%

MIGO stock traded up GBX 1.50 ($0.02) during trading on Friday, hitting GBX 372 ($5.05). 160,898 shares of the company's stock were exchanged, compared to its average volume of 43,303. The business has a 50-day moving average price of GBX 348.58 and a two-hundred day moving average price of GBX 343.98. MIGO Opportunities Trust has a 52-week low of GBX 311 ($4.22) and a 52-week high of GBX 379 ($5.15). The company has a current ratio of 0.37, a quick ratio of 44.36 and a debt-to-equity ratio of 15.11. The stock has a market capitalization of £74.08 million, a price-to-earnings ratio of 8.98 and a beta of 0.51.

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.