MIGO Opportunities Trust (LON:MIGO) Stock Price Crosses Below Fifty Day Moving Average – What’s Next?

MIGO Opportunities Trust plc (LON:MIGOGet Free Report)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 353.32 ($4.41) and traded as low as GBX 349 ($4.36). MIGO Opportunities Trust shares last traded at GBX 349 ($4.36), with a volume of 31,132 shares traded.

MIGO Opportunities Trust Stock Down 0.7 %

The stock has a fifty day moving average of GBX 353.32 and a 200 day moving average of GBX 354.65. The firm has a market capitalization of £73.36 million, a P/E ratio of 969.44 and a beta of 0.51. The company has a debt-to-equity ratio of 6.12, a current ratio of 0.63 and a quick ratio of 44.36.

MIGO Opportunities Trust Company Profile

(Get Free Report)

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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