Shares of Pacific Assets (LON:PAC – Get Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 357.42 ($4.41) and traded as high as GBX 362 ($4.47). Pacific Assets shares last traded at GBX 359 ($4.43), with a volume of 140,584 shares.
Pacific Assets Stock Up 0.8 %
The firm has a fifty day simple moving average of GBX 357.42 and a 200-day simple moving average of GBX 360.25. The company has a market cap of £437.88 million, a PE ratio of 1,709.52 and a beta of 0.42.
Pacific Assets Company Profile
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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