VietNam (LON:VNH) Trading 0.5% Higher - Here's Why

Key Points

• VietNam Holding Limited (LON:VNH) saw its shares rise by 0.5% to GBX 401 ($5.44), with a trading volume significantly lower than its average.
• The company's market capitalization stands at £119.40 million, with a price-to-earnings ratio of 5.16, indicating potentially attractive valuation.
• VNH focuses on investing in high-growth companies in Vietnam, emphasizing sustainability and long-term capital appreciation in its portfolio.

VietNam Holding Limited (LON:VNH - Get Free Report)'s stock price was up 0.5% during mid-day trading on Friday . The stock traded as high as GBX 404 ($5.45) and last traded at GBX 401 ($5.41). Approximately 27,790 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 48,833 shares. The stock had previously closed at GBX 399 ($5.38).

VietNam Stock Down 1.1%

The firm has a 50 day simple moving average of GBX 363.87 and a 200-day simple moving average of GBX 355.66. The stock has a market cap of £119.60 million, a P/E ratio of 5.17 and a beta of 0.63.

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.