Pacific Assets (LON:PAC - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 336.92 ($4.53) and traded as high as GBX 344 ($4.63). Pacific Assets shares last traded at GBX 341 ($4.59), with a volume of 359,523 shares changing hands.
Pacific Assets Price Performance
The firm's fifty day moving average price is GBX 338.12 and its two-hundred day moving average price is GBX 346.07. The stock has a market cap of £410.71 million, a price-to-earnings ratio of 9.63 and a beta of 0.38.
Pacific Assets (LON:PAC - Get Free Report) last announced its quarterly earnings data on Wednesday, April 30th. The investment trust reported GBX 5.40 ($0.07) earnings per share for the quarter. Pacific Assets had a net margin of 70.84% and a return on equity of 8.79%.
About Pacific Assets
(
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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.
Further Reading
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