Aberforth Geared Value & Income Trust (LON:AGVI) Issues Quarterly Earnings Results

Aberforth Geared Value & Income Trust (LON:AGVI) announced its quarterly earnings data on Wednesday. The company reported GBX 3.26 earnings per share (EPS) for the quarter, Digital Look Earnings reports.

Aberforth Geared Value & Income Trust Trading Up 8.5%

Shares of LON AGVI traded up GBX 7 during trading on Thursday, reaching GBX 89.50. The company had a trading volume of 37,723 shares, compared to its average volume of 51,075. Aberforth Geared Value & Income Trust has a 12-month low of GBX 59.07 and a 12-month high of GBX 89.50. The business’s 50-day moving average is GBX 82.30.

Insider Buying and Selling at Aberforth Geared Value & Income Trust

In related news, insider June Jessop acquired 30,000 shares of the stock in a transaction that occurred on Wednesday, November 12th. The shares were bought at an average price of GBX 84 per share, for a total transaction of £25,200.

Aberforth Geared Value & Income Trust is a UK-listed investment trust that seeks to provide investors with a combination of income and long-term capital growth through exposure to smaller UK companies. The trust is structured as a closed-end vehicle listed on the London Stock Exchange and managed by Aberforth Partners, a specialist in small-company investing.

The core investment approach focuses on acquiring shares in companies that are constituents of the FTSE SmallCap Index, with an emphasis on businesses that appear undervalued relative to their long-term earnings potential.