Highbridge Multi-Strategy Fund (LON:HMSF) Shares Down 1.4% – Here’s Why

Highbridge Multi-Strategy Fund Ltd (LON:HMSFGet Free Report) shares dropped 1.4% during mid-day trading on Thursday . The company traded as low as GBX 207 ($2.59) and last traded at GBX 207 ($2.59). Approximately 36,630 shares changed hands during mid-day trading, an increase of 3,760% from the average daily volume of 949 shares. The stock had previously closed at GBX 210 ($2.63).

Highbridge Multi-Strategy Fund Stock Performance

The stock has a market cap of £47.79 million and a price-to-earnings ratio of -51.75. The company’s 50 day simple moving average is GBX 207 and its 200 day simple moving average is GBX 207. The company has a debt-to-equity ratio of 0.00, a quick ratio of 3.74 and a current ratio of 3.76.

About Highbridge Multi-Strategy Fund

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Highbridge Multi-Strategy Fund Limited, formerly BlueCrest AllBlue Fund Limited, is an investment company. The Funds’ investment objective is to seek to provide consistent returns with low volatility through an investment policy of investing substantially all of its assets in the Highbridge multi strategy fund (the Underlying Fund) or any successor vehicle of the Underlying Fund.

Further Reading

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