AVI Global Trust (LON:AGT) Trading 0.2% Higher – Here’s What Happened

AVI Global Trust plc (LON:AGT) shot up 0.2% on Tuesday . The stock traded as high as GBX 244.54 ($3.04) and last traded at GBX 244 ($3.04). 613,997 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 1,284,083 shares. The stock had previously closed at GBX 243.50 ($3.03).

AVI Global Trust Trading Up 0.2 %

The stock has a market capitalization of £1.10 billion, a P/E ratio of 871.43 and a beta of 0.78. The company has a current ratio of 2.15, a quick ratio of 12.68 and a debt-to-equity ratio of 15.75. The business has a 50-day moving average price of GBX 242.46 and a two-hundred day moving average price of GBX 235.45.

AVI Global Trust (LON:AGT) last posted 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 net margin of 97.65% and a return on equity of 13.41%.

AVI Global Trust Increases Dividend

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

Insider Buying and Selling at AVI Global Trust

In related news, insider June Jessop acquired 6,000 shares of the stock in a transaction that occurred on Wednesday, November 13th. The stock was acquired at an average cost of GBX 236 ($2.94) per share, for a total transaction of £14,160 ($17,631.68). Also, insider Graham Kitchen acquired 10,000 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average cost of GBX 236 ($2.94) per share, with a total value of £23,600 ($29,386.13). Company insiders own 4.64% of the company’s stock.

AVI Global Trust Company Profile

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.