MIGO Opportunities Trust plc (LON:MIGO – Get Free Report)’s share price reached a new 52-week high on Friday. The stock traded as high as GBX 420 and last traded at GBX 415.50, with a volume of 1124 shares changing hands. The stock had previously closed at GBX 416.50.
MIGO Opportunities Trust Trading Down 0.2%
The business has a fifty day moving average price of GBX 413.38 and a 200-day moving average price of GBX 405.75. The company has a quick ratio of 44.36, a current ratio of 0.72 and a debt-to-equity ratio of 14.26. The company has a market cap of £70.52 million, a P/E ratio of 5.89 and a beta of 0.37.
MIGO Opportunities Trust (LON:MIGO – Get Free Report) last announced its earnings results on Tuesday, July 14th. The company reported GBX 3.80 earnings per share for the quarter. MIGO Opportunities Trust had a return on equity of 17.99% and a net margin of 86.95%.
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About MIGO Opportunities Trust
MIGO invests in discount opportunities in the closed-ended sector where the managers believe there is a catalyst to extract the value. The trust is able to invest in any geography or asset class providing it is held in an investment trust structure.
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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