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

CATCo Reinsurance Opportunities Fund Ltd. (LON:CATGet Free Report) shares reached a new 52-week high on Monday . The company traded as high as GBX 220 ($2.80) and last traded at GBX 40 ($0.51), with a volume of 3 shares. The stock had previously closed at GBX 30 ($0.38).

CATCo Reinsurance Opportunities Fund Trading Up 33.3 %

The firm has a market capitalization of £596,000.00 and a price-to-earnings ratio of 0.26. The company has a fifty day moving average price of GBX 30.05 and a 200-day moving average price of GBX 24.56.

Insiders Place Their Bets

In other news, insider James Keyes sold 187 shares of the stock in a transaction dated Monday, September 30th. The stock was sold at an average price of GBX 1,500 ($19.12), for a total transaction of £2,805 ($3,574.61). Insiders own 0.52% of the company’s stock.

About CATCo Reinsurance Opportunities Fund

(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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