Shares of Pacific Assets (LON:PAC – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 353.95 ($4.77) and traded as high as GBX 362 ($4.88). Pacific Assets shares last traded at GBX 362 ($4.88), with a volume of 469,199 shares.
Pacific Assets Stock Up 1.4%
The stock has a market capitalization of £426.52 million, a P/E ratio of 975.74 and a beta of 0.38. The company has a fifty day simple moving average of GBX 353.95 and a two-hundred day simple moving average of GBX 342.28.
About Pacific Assets
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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