CATCo Reinsurance Opportunities Fund (LON:CAT) Sets New 52-Week High – Should You Buy?

CATCo Reinsurance Opportunities Fund Ltd. (LON:CAT) reached a new 52-week high during trading on Monday . The company traded as high as GBX 220 ($2.77) and last traded at GBX 30 ($0.38), with a volume of 4 shares. The stock had previously closed at GBX 37.50 ($0.47).

CATCo Reinsurance Opportunities Fund Stock Performance

The company has a 50 day simple moving average of GBX 32 and a two-hundred day simple moving average of GBX 25.22. The firm has a market capitalization 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 CATCo Reinsurance Opportunities Fund stock in a transaction dated Monday, September 30th. The stock was sold at an average price of GBX 1,500 ($18.86), for a total value of £2,805 ($3,526.53). 0.52% of the stock is owned by company insiders.

CATCo Reinsurance Opportunities Fund Company Profile

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.