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Vietnam Enterprise (LON:VEIL) Sets New 52-Week High - Time to Buy?

Vietnam Enterprise logo with Financial Services background

Vietnam Enterprise (LON:VEIL - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 626.01 ($8.52) and last traded at GBX 624 ($8.49), with a volume of 140251 shares changing hands. The stock had previously closed at GBX 613 ($8.34).

Vietnam Enterprise Trading Up 0.2%

The stock has a market capitalization of £1.43 billion, a PE ratio of -422.51 and a beta of 0.59. The company has a 50 day simple moving average of GBX 563.86 and a 200 day simple moving average of GBX 571.08.

Insider Activity

In other Vietnam Enterprise news, insider Edphawin (Eddy) Jetjirawat bought 30,000 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was acquired at an average cost of GBX 610 ($8.30) per share, with a total value of £183,000 ($249,081.26). 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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