AVI Global Trust (LON:AGT) Reaches New 12-Month High – What’s Next?

AVI Global Trust plc (LON:AGT)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 257 ($3.45) and last traded at GBX 256 ($3.44), with a volume of 514268 shares traded. The stock had previously closed at GBX 252 ($3.39).

AVI Global Trust Price Performance

The firm has a 50-day moving average of GBX 240.61 and a 200-day moving average of GBX 236.47. The stock has a market cap of £1.19 billion, a PE ratio of 5.52 and a beta of 0.78.

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.