Vietnam Enterprise (LON:VEIL) Reaches New 1-Year High - Still a Buy?

Key Points

• Vietnam Enterprise shares reached a new 52-week high of GBX 761.28 ($10.22) on Wednesday, indicating strong market performance and interest.
• The company has a market capitalization of £1.26 billion and a price-to-earnings ratio of 1,905.00, which suggests a high valuation relative to earnings.
• Vietnam Enterprise Investments Limited (VEIL) is noted for being the longest running closed-end fund focused on Vietnam, investing in both listed and pre-IPO companies with strong growth potential.

Vietnam Enterprise (LON:VEIL - ) shares reached a new 52-week high on Wednesday . The company traded as high as GBX 761.28 ($10.22) and last traded at GBX 760 ($10.20), with a volume of 42471 shares trading hands. The stock had previously closed at GBX 753 ($10.11).

Vietnam Enterprise Stock Performance

The stock's fifty day moving average is GBX 732.68 and its two-hundred day moving average is GBX 626.85. The firm has a market capitalization of £1.26 billion, a price-to-earnings ratio of 1,905.00 and a beta of 0.59.

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.

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