Jefferies Financial Group Reaffirms Buy Rating for AVI Global Trust (LON:AGT)

AVI Global Trust (LON:AGT)‘s stock had its “buy” rating reissued by stock analysts at Jefferies Financial Group in a report released on Thursday, Digital Look reports.

AVI Global Trust Price Performance

AVI Global Trust stock opened at GBX 253.50 on Thursday. The stock’s 50 day moving average is GBX 260.71 and its 200 day moving average is GBX 257.48. AVI Global Trust has a one year low of GBX 235.07 and a one year high of GBX 272.50. The firm has a market cap of £992.23 million, a P/E ratio of 21.59 and a beta of 0.96. The company has a debt-to-equity ratio of 15.01, a current ratio of 65.33 and a quick ratio of 12.68.

Insider Activity

In other news, insider Seema Paterson purchased 19,345 shares of the company’s stock in a transaction dated Monday, September 14th. The shares were purchased at an average price of GBX 259 per share, for a total transaction of £50,103.55. Company insiders own 0.16% of the company’s stock.

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.