Vietnam Enterprise (LON:VEIL) Sets New 12-Month High – Here’s What Happened

Vietnam Enterprise (LON:VEIL) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 617 ($7.66) and last traded at GBX 617 ($7.66), with a volume of 59453 shares traded. The stock had previously closed at GBX 612 ($7.60).

Vietnam Enterprise Price Performance

The stock’s fifty day moving average price is GBX 581.60 and its 200-day moving average price is GBX 581.42. The company has a debt-to-equity ratio of 1.39, a current ratio of 500.97 and a quick ratio of 247.74. The firm has a market cap of £1.24 billion, a price-to-earnings ratio of -665.16 and a beta of 0.59.

Insider Buying and Selling at Vietnam Enterprise

In other Vietnam Enterprise news, insider Sarah Arkle acquired 10,304 shares of the firm’s stock in a transaction that occurred on Monday, November 11th. The stock was purchased at an average cost of GBX 575 ($7.14) per share, for a total transaction of £59,248 ($73,600.00). Corporate insiders own 0.08% of the company’s stock.

Vietnam Enterprise Company Profile

Launched in 1995, Vietnam Enterprise Investments Limited (VEIL) was listed on the LSE in July 2016. It is the longest running closed-end fund focused on Vietnam and one of the largest which invests in listed and pre-IPO companies in Vietnam that offer attractive growth and value metrics . The fund has a strong ESG commitment driven by a close relationship with the IFC.