Pershing Square (LON:PSH) Shares Down 1.6% – Should You Sell?

Pershing Square Holdings (LON:PSH)’s share price dropped 1.6% during mid-day trading on Monday . The stock traded as low as GBX 4,822 and last traded at GBX 4,822. Approximately 53,063 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 209,090 shares. The stock had previously closed at GBX 4,902.

Pershing Square Stock Down 1.6%

The company has a current ratio of 40.41, a quick ratio of 8.65 and a debt-to-equity ratio of 18.59. The business’s fifty day moving average price is GBX 4,836.66 and its 200 day moving average price is GBX 4,492.16. The company has a market capitalization of £8.53 billion, a P/E ratio of 7.56 and a beta of 0.97.

Pershing Square Company Profile

Pershing Square Holdings (LN:PSHD) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.