VietNam (LON:VNH) Stock Price Down 1.8% - Here's What Happened

Key Points

• Shares fell 1.8% to GBX 357 (previous close GBX 363.50) on Thursday, with mid-day volume of 50,507 shares — a 28% increase versus the average session volume.
• The stock is trading below both its 50-day (GBX 383.93) and 200-day (GBX 389.21) moving averages; the company has a market cap of £68.24 million and a negative P/E of -32.45.
• Vietnam Holding is a closed-end fund listed on the London Stock Exchange that invests in high-growth Vietnamese companies focused on domestic consumption, industrialisation, urbanisation and applies sustainability criteria to its investment approach.

VietNam Holding Limited (LON:VNH - ) shares traded down 1.8% on Thursday . The company traded as low as GBX 350.34 and last traded at GBX 357. 50,507 shares changed hands during mid-day trading, an increase of 28% from the average session volume of 39,366 shares. The stock had previously closed at GBX 363.50.

VietNam Price Performance

The company's 50-day moving average price is GBX 383.93 and its 200-day moving average price is GBX 389.21. The company has a market cap of £68.24 million, a P/E ratio of -32.45 and a beta of 0.47.

About VietNam

Vietnam Holding (VNH) invests in high-growth companies in Vietnam, focusing on domestic consumption, industrialisation and urbanisation. Launched in 2006, VNH is a closed-end fund listed on the London Stock Exchange. The Company's investment objective is to achieve long term capital appreciation by investing in a diversified portfolio of companies that have high growth potential at an attractive valuation. Vietnam Holding (VNH) has been firmly committed to applying sound sustainability criteria at the heart of its investment approach for ten years now.

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