Shares of Pacific Assets (LON:PAC – Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 365.07 and traded as low as GBX 364. Pacific Assets shares last traded at GBX 364, with a volume of 143,627 shares.
Pacific Assets Stock Up 0.4%
The firm has a fifty day moving average of GBX 365.07 and a 200-day moving average of GBX 355.38. The stock has a market capitalization of £419.61 million, a price-to-earnings ratio of -17.32 and a beta of 0.38.
Pacific Assets (LON:PAC – Get Free Report) last announced its quarterly earnings results on Thursday, October 2nd. The investment trust reported GBX 4 earnings per share for the quarter. Pacific Assets had a return on equity of 8.79% and a net margin of 70.84%.
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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