Pacific Alliance China Land (LON:PACL) Trading 1,130.8% Higher

Pacific Alliance China Land Limited (LON:PACL) traded up 1,130.8% during trading on Friday . The company traded as high as GBX 226.80 ($3.08) and last traded at GBX 221.55 ($3.01). 57,447 shares changed hands during trading, an increase of 256% from the average session volume of 16,141 shares. The stock had previously closed at GBX 18 ($0.24).

The business’s 50 day moving average is GBX 108.18 and its 200-day moving average is GBX 92.45. The stock has a market cap of £5.88 million and a price-to-earnings ratio of -154.18.

About Pacific Alliance China Land (LON:PACL)

Pacific Alliance China Land Limited (the Fund) is a closed-end investment company. The Fund’s investment objective is to provide shareholders with capital growth and a regular level of income from investments in existing properties, new developments, distressed projects and real estate companies in Greater China.

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