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
(
Get Free Report)
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
Before you consider Pacific Assets, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pacific Assets wasn't on the list.
While Pacific Assets currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
