Global Opportunities Trust (LON:GOT) Share Price Crosses Below 50-Day Moving Average – Should You Sell?

Global Opportunities Trust plc (LON:GOT) crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 282.16 ($3.55) and traded as low as GBX 276 ($3.47). Global Opportunities Trust shares last traded at GBX 276 ($3.47), with a volume of 27,102 shares trading hands.

Global Opportunities Trust Price Performance

The stock has a market capitalization of £80.65 million, a P/E ratio of 1,452.63 and a beta of 0.42. The stock has a 50 day moving average price of GBX 282.16 and a 200-day moving average price of GBX 291.43.

Insider Activity at Global Opportunities Trust

In other Global Opportunities Trust news, insider Sandy Nairn purchased 50,000 shares of Global Opportunities Trust stock in a transaction that occurred on Wednesday, October 30th. The shares were bought at an average price of GBX 280 ($3.52) per share, for a total transaction of £140,000 ($175,945.71). 38.90% of the stock is currently owned by company insiders.

About Global Opportunities Trust

EP Global Opportunities Trust plc is a closed-ended equity mutual fund launched and managed by Edinburgh Partners AIFM Limited. The fund is co-managed by Edinburgh Partners Limited. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors.