Pacific Assets Trust (LON:PAC) Shares Pass Above 50 Day Moving Average of $364.18

Pacific Assets Trust plc (LON:PACGet Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 364.18 ($4.56) and traded as high as GBX 377.52 ($4.72). Pacific Assets Trust shares last traded at GBX 377 ($4.72), with a volume of 151,370 shares changing hands.

Pacific Assets Trust Stock Performance

The business has a 50-day simple moving average of GBX 364.18 and a two-hundred day simple moving average of GBX 361.68. The company has a market capitalization of £456.02 million, a price-to-earnings ratio of 1,795.24 and a beta of 0.36.

About Pacific Assets Trust

(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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