Vietnam Enterprise (LON:VEIL) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Vietnam Enterprise (LON:VEILGet Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 755.55 and traded as low as GBX 685. Vietnam Enterprise shares last traded at GBX 689, with a volume of 108,623 shares trading hands.

Vietnam Enterprise Trading Up 1.5%

The stock’s 50-day moving average price is GBX 755.55 and its two-hundred day moving average price is GBX 772.25. The stock has a market capitalization of £960.68 million, a P/E ratio of 3.36 and a beta of 0.44.

About Vietnam Enterprise

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Launched in 1995, Vietnam Enterprise Investments Limited (VEIL) was listed on the LSE in July 2016. It is the longest running closed-end fund focused on Vietnam and one of the largest which invests in listed and pre-IPO companies in Vietnam that offer attractive growth and value metrics . The fund has a strong ESG commitment driven by a close relationship with the IFC. The manager, Dragon Capital Group, has funded the Chair in Biodiversity at Exeter University.

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