AVI Global Trust (LON:AGT) Trading Up 0.6%

AVI Global Trust plc (LON:AGT) shares were up 0.6% during mid-day trading on Wednesday . The stock traded as high as GBX 238.50 ($3.03) and last traded at GBX 237.50 ($3.01). Approximately 977,340 shares were traded during mid-day trading, an increase of 40% from the average daily volume of 695,641 shares. The stock had previously closed at GBX 236 ($2.99).

AVI Global Trust Price Performance

The firm has a market capitalization of £1.07 billion, a price-to-earnings ratio of 848.21 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. The company’s 50-day moving average is GBX 239.47 and its 200-day moving average is GBX 229.22.

AVI Global Trust Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, July 19th. Shareholders of record on Thursday, June 20th will be given a dividend of GBX 1.20 ($0.02) per share. The ex-dividend date of this dividend is Thursday, June 20th. This represents a yield of 0.49%. AVI Global Trust’s dividend payout ratio (DPR) is 1,428.57%.

AVI Global Trust Company Profile

AVI Global Trust plc is a closed-ended equity mutual fund launched and managed by Asset Value Investors Limited. The fund invests in public equity markets of countries across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in value stocks of companies across all market capitalizations.