Pacific Assets (LON:PAC – Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 357.36 ($4.45) and traded as high as GBX 366 ($4.56). Pacific Assets shares last traded at GBX 353 ($4.39), with a volume of 274,498 shares changing hands.
Pacific Assets Stock Performance
The business has a 50-day simple moving average of GBX 357.34 and a 200 day simple moving average of GBX 360.62. The firm has a market cap of £424.57 million, a P/E ratio of 1,687.14 and a beta of 0.42.
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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