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Vietnam Enterprise (LON:VEIL) Sets New 12-Month High - Still a Buy?

Vietnam Enterprise logo with Financial Services background

Vietnam Enterprise (LON:VEIL - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 625 ($8.53) and last traded at GBX 621 ($8.48), with a volume of 287826 shares traded. The stock had previously closed at GBX 610 ($8.33).

Vietnam Enterprise Price Performance

The stock has a 50 day simple moving average of GBX 557.78 and a 200 day simple moving average of GBX 570.52. The company has a market capitalization of £1.41 billion, a price-to-earnings ratio of -416.06 and a beta of 0.59.

Insider Activity

In related news, insider Edphawin (Eddy) Jetjirawat acquired 30,000 shares of Vietnam Enterprise stock in a transaction that occurred on Wednesday, July 2nd. The stock was acquired at an average price of GBX 610 ($8.33) per share, for a total transaction of £183,000 ($249,829.35). Company insiders own 0.08% of the company's stock.

Vietnam Enterprise Company Profile

(Get Free Report)

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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