Pacific Assets (LON:PAC - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 347.53 ($4.61) and traded as high as GBX 359 ($4.77). Pacific Assets shares last traded at GBX 354 ($4.70), with a volume of 322,608 shares traded.
Pacific Assets Price Performance
The firm has a market capitalization of £423.96 million, a P/E ratio of 9.94 and a beta of 0.38. The stock's 50-day simple moving average is GBX 347.93 and its two-hundred day simple moving average is GBX 341.86.
Pacific Assets Company Profile
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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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