Pacific Assets (LON:PAC - Get Free Report)'s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 327.80 ($4.32) and traded as high as GBX 340 ($4.48). Pacific Assets shares last traded at GBX 340 ($4.48), with a volume of 626,680 shares changing hands.
Pacific Assets Stock Down 1.1%
The firm has a 50 day simple moving average of GBX 328.12 and a 200-day simple moving average of GBX 351.16. The stock has a market cap of £417.94 million, a P/E ratio of 9.80 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) EPS for the quarter. Pacific Assets had a net margin of 70.84% and a return on equity of 8.79%.
Insider Transactions at Pacific Assets
In related news, insider June Ang purchased 10,000 shares of Pacific Assets stock in a transaction that occurred on Wednesday, February 19th. The shares were bought at an average price of GBX 343 ($4.52) per share, with a total value of £34,300 ($45,191.04). Insiders own 2.72% of the company's stock.
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.
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