AVI Global Trust (LON:AGT) Stock Price Up 0.4% – Should You Buy?

AVI Global Trust plc (LON:AGT)’s share price shot up 0.4% during mid-day trading on Tuesday . The company traded as high as GBX 246 ($3.03) and last traded at GBX 244.50 ($3.01). 805,182 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 1,934,798 shares. The stock had previously closed at GBX 243.50 ($3.00).

AVI Global Trust Stock Performance

The stock’s fifty day simple moving average is GBX 240.70 and its 200-day simple moving average is GBX 235.09. The company has a quick ratio of 12.68, a current ratio of 2.15 and a debt-to-equity ratio of 15.75. The company has a market capitalization of £1.10 billion, a PE ratio of 873.21 and a beta of 0.78.

AVI Global Trust (LON:AGT) last released its quarterly earnings data on Wednesday, November 13th. The company reported GBX 4.20 ($0.05) earnings per share for the quarter. AVI Global Trust had a return on equity of 13.41% and a net margin of 97.65%.

AVI Global Trust Increases Dividend

The company also recently declared a dividend, which was paid on Friday, January 3rd. Stockholders of record on Thursday, November 28th were paid a dividend of GBX 2.55 ($0.03) per share. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend was Thursday, November 28th. This is an increase from AVI Global Trust’s previous dividend of $1.20. AVI Global Trust’s payout ratio is 1,428.57%.

Insider Activity at AVI Global Trust

In other news, insider Graham Kitchen acquired 10,000 shares of AVI Global Trust stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average price of GBX 236 ($2.91) per share, with a total value of £23,600 ($29,096.29). Also, insider June Jessop acquired 6,000 shares of the firm’s stock in a transaction dated Wednesday, November 13th. The shares were acquired at an average price of GBX 236 ($2.91) per share, for a total transaction of £14,160 ($17,457.77). 4.64% of the stock is owned by corporate 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.