AVI Global Trust (LON:AGT) Trading 1.7% Higher – Should You Buy?

AVI Global Trust plc (LON:AGT) rose 1.7% on Tuesday . The stock traded as high as GBX 245 ($3.07) and last traded at GBX 245 ($3.07). Approximately 536,346 shares traded hands during mid-day trading, a decline of 23% from the average daily volume of 696,459 shares. The stock had previously closed at GBX 241 ($3.02).

AVI Global Trust Trading Up 0.8 %

The company’s fifty day moving average price is GBX 237.33 and its 200-day moving average price is GBX 234.41. The stock has a market cap of £1.12 billion, a price-to-earnings ratio of 882.14 and a beta of 0.78. The company has a debt-to-equity ratio of 15.75, a current ratio of 2.15 and a quick ratio of 12.68.

AVI Global Trust Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 3rd. Stockholders of record on Thursday, November 28th will be paid a dividend of GBX 2.55 ($0.03) per share. This is an increase from AVI Global Trust’s previous dividend of $1.20. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Thursday, November 28th. AVI Global Trust’s payout ratio is presently 1,428.57%.

Insider Activity

In other AVI Global Trust news, insider June Jessop purchased 6,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 13th. The shares were bought at an average price of GBX 236 ($2.95) per share, for a total transaction of £14,160 ($17,717.72). Also, insider Graham Kitchen acquired 10,000 shares of the firm’s stock in a transaction on Monday, November 18th. The shares were acquired at an average price of GBX 236 ($2.95) per share, with a total value of £23,600 ($29,529.53). Corporate 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.