Pershing Square (LON:PSH) Trading Down 0.8% - Here's Why

Key Points

• Pershing Square Holdings shares fell by 0.8% to GBX 4,200 ($56.44) after trading significantly lower, marking a 46% decline in trading volume compared to its average.
• The company boasts a market capitalization of £9.61 billion and a low price-to-earnings ratio of 4.40.
• Pershing Square is structured as a closed-ended fund focusing on concentrated investments in primarily North American public companies.

Pershing Square Holdings (LON:PSH - ) shares traded down 0.8% on Friday . The company traded as low as GBX 4,198 ($56.42) and last traded at GBX 4,200 ($56.44). 109,635 shares were traded during trading, a decline of 46% from the average session volume of 202,201 shares. The stock had previously closed at GBX 4,236 ($56.93).

Pershing Square Trading Down 0.8%

The stock has a market capitalization of £9.61 billion, a price-to-earnings ratio of 4.40 and a beta of 0.97. The company's 50-day moving average is GBX 3,974.48 and its 200-day moving average is GBX 3,920.05. The company has a quick ratio of 8.65, a current ratio of 40.41 and a debt-to-equity ratio of 18.59.

About Pershing Square

Pershing Square Holdings LN:PSHD) (NA: PSH is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.

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