MIGO Opportunities Trust (LON:MIGO) Insider Ian Henderson Acquires 2,373 Shares of Stock

MIGO Opportunities Trust plc (LON:MIGO – Get Free Report) insider Ian Henderson bought 2,373 shares of the business’s stock in a transaction on Monday, October 5th. The stock was acquired at an average cost of GBX 419 per share, for a total transaction of £9,942.87.

MIGO Opportunities Trust Stock Performance

MIGO Opportunities Trust stock opened at GBX 418 on Wednesday. The stock has a market cap of £70.94 million, a P/E ratio of 5.92 and a beta of 0.37. The company has a current ratio of 0.72, a quick ratio of 44.36 and a debt-to-equity ratio of 14.26. The stock has a 50 day moving average of GBX 413.09 and a 200-day moving average of GBX 405.35. MIGO Opportunities Trust plc has a 52 week low of GBX 362 and a 52 week high of GBX 421.

MIGO Opportunities Trust (LON:MIGO – Get Free Report) last issued its quarterly earnings results on Tuesday, July 14th. The company reported GBX 3.80 earnings per share (EPS) for the quarter. MIGO Opportunities Trust had a net margin of 86.95% and a return on equity of 17.99%.

MIGO Opportunities Trust Company Profile

(Get Free Report)

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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