Vietnam Enterprise (LON:VEIL) Hits New 12-Month High - Should You Buy?

Vietnam Enterprise (LON:VEIL - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The company traded as high as GBX 664 ($8.92) and last traded at GBX 663.65 ($8.91), with a volume of 537052 shares trading hands. The stock had previously closed at GBX 657 ($8.82).

Vietnam Enterprise Stock Up 1.4%

The stock has a market capitalization of £1.54 billion, a price-to-earnings ratio of -455.91 and a beta of 0.59. The stock's 50-day simple moving average is GBX 584.88 and its 200 day simple moving average is GBX 574.76.

Insider Buying and Selling

In other news, insider Edphawin (Eddy) Jetjirawat purchased 30,000 shares of Vietnam Enterprise stock in a transaction on Wednesday, July 2nd. The shares were purchased at an average cost of GBX 610 ($8.19) per share, for a total transaction of £183,000 ($245,736.54). 0.08% of the stock is currently owned by company insiders.

Vietnam Enterprise Company Profile

Launched in 1995, Vietnam Enterprise Investments Limited (VEIL) was listed on the LSE in July 2016. It is the longest running closed-end fund focused on Vietnam and one of the largest which invests in listed and pre-IPO companies in Vietnam that offer attractive growth and value metrics . The fund has a strong ESG commitment driven by a close relationship with the IFC.