Insider Buying: Pacific Assets (LON:PAC) Insider Buys £34,300 in Stock

Pacific Assets (LON:PAC) insider June Ang acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 19th. The stock was acquired at an average price of GBX 343 ($4.33) per share, with a total value of £34,300 ($43,335.44).

Pacific Assets Stock Performance

Shares of PAC opened at GBX 348 ($4.40) on Friday. The firm has a market capitalization of £419.14 million, a PE ratio of 9.83 and a beta of 0.38. The stock has a 50 day simple moving average of GBX 362.04 and a 200 day simple moving average of GBX 369.26. Pacific Assets has a 52-week low of GBX 340 ($4.30) and a 52-week high of GBX 390 ($4.93).

About Pacific Assets

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.