Vietnam Enterprise (LON:VEIL) Reaches New 52-Week High - Here's What Happened

Key Points

• Vietnam Enterprise shares reached a new 52-week high of GBX 737 ($9.94) during trading, closing at GBX 733 ($9.89) with a total trading volume of 567,755 shares.
• The company has a market capitalization of £1.68 billion and a P/E ratio of -494.75, indicating potential volatility in its earnings performance.
• Insider Edphawin (Eddy) Jetjirawat purchased 30,000 shares at an average price of GBX 610, suggesting confidence in the company's future prospects.

Vietnam Enterprise (LON:VEIL - ) shares hit a new 52-week high during trading on Wednesday . The company traded as high as GBX 737 ($9.94) and last traded at GBX 733 ($9.89), with a volume of 567755 shares changing hands. The stock had previously closed at GBX 730 ($9.85).

Vietnam Enterprise Trading Down 0.1%

The company has a market capitalization of £1.68 billion, a P/E ratio of -494.75 and a beta of 0.59. The stock has a 50 day moving average price of GBX 653.16 and a 200 day moving average price of GBX 590.80.

Insider Buying and Selling

In other Vietnam Enterprise news, insider Edphawin (Eddy) Jetjirawat acquired 30,000 shares of the company's stock in a transaction that occurred on Wednesday, July 2nd. The stock was acquired at an average price of GBX 610 per share, for a total transaction of £183,000. Corporate insiders own 0.08% of the company's stock.

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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