Pacific Assets (LON:PAC) Share Price Crosses Above 50 Day Moving Average of $357.42

Pacific Assets (LON:PACGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 357.42 ($4.41) and traded as high as GBX 362 ($4.47). Pacific Assets shares last traded at GBX 359 ($4.43), with a volume of 140,584 shares changing hands.

Pacific Assets Stock Up 0.3 %

The firm has a market cap of £435.46 million, a price-to-earnings ratio of 1,714.29 and a beta of 0.42. The business has a 50 day moving average of GBX 357.32 and a 200 day moving average of GBX 360.18.

Pacific Assets Company Profile

(Get Free Report)

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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