MIGO Opportunities Trust (LON:MIGO) Stock Passes Above 50-Day Moving Average of $356.49

MIGO Opportunities Trust plc (LON:MIGO) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 356.49 ($4.70) and traded as high as GBX 357 ($4.71). MIGO Opportunities Trust shares last traded at GBX 357 ($4.71), with a volume of 47,662 shares trading hands.

MIGO Opportunities Trust Stock Performance

The firm has a 50-day simple moving average of GBX 356.49 and a two-hundred day simple moving average of GBX 350.51. The company has a current ratio of 0.63, a quick ratio of 44.36 and a debt-to-equity ratio of 6.12. The company has a market capitalization of £79.79 million, a price-to-earnings ratio of 991.67 and a beta of 0.52.

MIGO Opportunities Trust Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, October 4th. Investors of record on Thursday, September 5th will be given a dividend of GBX 0.60 ($0.01) per share. This represents a yield of 0.17%. The ex-dividend date is Thursday, September 5th. MIGO Opportunities Trust’s payout ratio is presently 277.78%.

About MIGO Opportunities Trust

Miton Global Opportunities Plc is a close-ended balanced fund of funds launched by Miton Group plc. It is managed by Miton Asset Management Limited. The fund invests in the funds investing in the public equity and fixed income markets across the globe. It primarily invests in other close ended funds.