Pacific Assets (LON:PAC) Stock Price Crosses Below 50-Day Moving Average of $356.24

Pacific Assets (LON:PACGet Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 356.24 ($4.47) and traded as low as GBX 347.80 ($4.37). Pacific Assets shares last traded at GBX 351 ($4.41), with a volume of 386,048 shares changing hands.

Pacific Assets Stock Performance

The firm has a fifty day moving average price of GBX 356.24 and a 200 day moving average price of GBX 361.92. The stock has a market cap of £421.11 million, a PE ratio of 1,667.41 and a beta of 0.42.

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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