Pacific Assets Trust (LON:PAC) Share Price Passes Above 50-Day Moving Average of $355.70

Shares of Pacific Assets Trust plc (LON:PACGet Rating) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 355.70 ($4.34) and traded as high as GBX 363 ($4.43). Pacific Assets Trust shares last traded at GBX 359 ($4.38), with a volume of 91,243 shares traded.

Pacific Assets Trust Stock Up 1.1 %

The stock has a market capitalization of £434.24 million and a PE ratio of 2,564.29. The business’s 50-day moving average is GBX 355.70 and its two-hundred day moving average is GBX 344.50.

Insider Activity at Pacific Assets Trust

In related news, insider Sian Hansen purchased 1,973 shares of Pacific Assets Trust stock in a transaction that occurred on Tuesday, December 20th. The stock was purchased at an average cost of GBX 352 ($4.30) per share, with a total value of £6,944.96 ($8,474.63).

Pacific Assets Trust Company Profile

(Get Rating)

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.

Further Reading

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