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

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

MIGO Opportunities Trust Stock Down 0.7%

Shares of LON MIGO opened at GBX 416 on Thursday. 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 company has a market cap of £70.60 million, a price-to-earnings ratio of 5.89 and a beta of 0.37. MIGO Opportunities Trust plc has a 12 month low of GBX 362 and a 12 month high of GBX 421. The stock has a 50-day moving average price of GBX 413.23 and a two-hundred day moving average price of GBX 405.54.

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

MIGO Opportunities Trust Company Profile

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.