Shares of Pershing Square Holdings (LON:PSH – Get Free Report) shot up 3.2% during trading on Wednesday . The stock traded as high as GBX 4,610 and last traded at GBX 4,583.92. 2,284,964 shares were traded during trading, an increase of 523% from the average session volume of 366,912 shares. The stock had previously closed at GBX 4,442.
Pershing Square Stock Performance
The stock’s 50-day moving average price is GBX 4,832.75 and its 200 day moving average price is GBX 4,586.02. The company has a quick ratio of 8.65, a current ratio of 40.41 and a debt-to-equity ratio of 18.59. The company has a market cap of £8.09 billion, a P/E ratio of 7.18 and a beta of 0.97.
About Pershing Square
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.
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