Pacific Assets (LON:PAC – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 370.90 ($4.53) and traded as low as GBX 366 ($4.47). Pacific Assets shares last traded at GBX 368 ($4.49), with a volume of 117,920 shares trading hands.
Pacific Assets Price Performance
The firm’s fifty day moving average price is GBX 370.90 and its 200-day moving average price is GBX 374.32. The company has a market capitalization of £445.13 million, a price-to-earnings ratio of -7,360.00 and a beta of 0.38.
Pacific Assets Company Profile
Pacific Assets Trust plc is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is managed by First State Investment Management (UK) Limited. The fund invests in public equity markets of the Asia-Pacific region, excluding Japan, Australia, and New Zealand. It seeks to invest in stocks of companies operating across diversified sectors.
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