CATCo Reinsurance Opportunities Fund (LON:CAT) Hits New 52-Week High – Time to Buy?

CATCo Reinsurance Opportunities Fund Ltd. (LON:CATGet Free Report) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as GBX 37.50 ($0.49) and last traded at GBX 37.50 ($0.49), with a volume of 4000 shares. The stock had previously closed at GBX 36 ($0.47).

CATCo Reinsurance Opportunities Fund Price Performance

The firm’s fifty day moving average price is GBX 24.36 and its two-hundred day moving average price is GBX 22.69. The stock has a market cap of £558,750.00 and a P/E ratio of 0.26.

Insider Buying and Selling

In other news, insider James Keyes sold 187 shares of the company’s stock in a transaction dated Monday, September 30th. The shares were sold at an average price of GBX 1,500 ($19.53), for a total transaction of £2,805 ($3,651.39). 0.52% of the stock is currently owned by corporate insiders.

CATCo Reinsurance Opportunities Fund Company Profile

(Get Free Report)

CATCo Reinsurance Opportunities Fund Ltd. is a feeder fund launched and managed by CATCo Investment Management Ltd. The fund invests its entire corpus in the CATCo Diversified Fund. CATCo Reinsurance Opportunities Fund Ltd. was formed on November 20, 2010 and is domiciled in Bermuda.

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