AVI Global Trust (LON:AGT) Issues Earnings Results

AVI Global Trust (LON:AGT) released its quarterly earnings results on Tuesday. The company reported GBX 4.62 earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 2,583 million for the quarter. AVI Global Trust had a return on equity of 4.87% and a net margin of 92.40%.

AVI Global Trust Trading Up 0.6%

AGT stock traded up GBX 1.50 during midday trading on Tuesday, hitting GBX 244. 719,139 shares of the company’s stock were exchanged, compared to its average volume of 975,488. AVI Global Trust has a one year low of GBX 235.07 and a one year high of GBX 272.50. The company has a debt-to-equity ratio of 15.01, a quick ratio of 12.68 and a current ratio of 65.33. The company has a market cap of £946.11 million, a PE ratio of 20.78 and a beta of 0.96. The stock’s fifty day moving average price is GBX 254.27 and its 200-day moving average price is GBX 256.96.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating on shares of AVI Global Trust in a research note on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, AVI Global Trust currently has a consensus rating of “Buy”.

Insider Activity

In other AVI Global Trust news, insider Seema Paterson purchased 19,345 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were bought at an average price of GBX 259 per share, with a total value of £50,103.55. 0.14% of the stock is owned by company insiders.

About AVI Global Trust

Established in 1889, the Company’s investment objective is to achieve capital growth through a focused portfolio of investments, particularly in companies whose shares stand at a discount to estimated underlying net asset value.

Unique
A concentrated portfolio combination of family-controlled holding companies, closed-end funds and asset-backed opportunities, unlikely to be found in other funds or indices.

Diversified
A concentrated portfolio of high conviction ideas, yet with broad diversification to sectors and companies through the holding structures of the portfolio companies.

Engaged
Seeking out good quality companies and engaging to improve shareholder value.

Active
Finding complex, inefficient, and overlooked investment opportunities.

Global
Bottom-up stock picking that is benchmark agnostic – seeking the best equity opportunities across the globe.