VinaCapital Vietnam Opp Fund (LON:VOF) Hits New 12-Month High - Should You Buy?

Key Points

• The VinaCapital Vietnam Opportunity Fund (LON:VOF) reached a new 52-week high, trading at GBX 500 ($6.77), with over 487,000 shares traded on Tuesday.
• The fund has a market cap of £653.13 million and a significantly high price-to-earnings ratio of 895.71, indicating potential valuation concerns.
• Insider Charlotta Ginman purchased 4,400 shares at an average price of GBX 456, reflecting a growing confidence in the fund from within the company.

VinaCapital Vietnam Opp Fund (LON:VOF - Get Free Report) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 500 ($6.78) and last traded at GBX 497.32 ($6.74), with a volume of 487723 shares. The stock had previously closed at GBX 492.50 ($6.68).

VinaCapital Vietnam Opp Fund Trading Down 0.2%

The company has a market capitalization of £658.90 million, a PE ratio of 903.64 and a beta of 0.47. The stock has a fifty day simple moving average of GBX 474.90 and a 200-day simple moving average of GBX 436.64.

Insider Transactions at VinaCapital Vietnam Opp Fund

In other VinaCapital Vietnam Opp Fund news, insider Charlotta Ginman purchased 4,400 shares of the firm's stock in a transaction on Monday, July 21st. The stock was bought at an average cost of GBX 456 per share, with a total value of £20,064. 1.62% of the stock is owned by company insiders.

VinaCapital Vietnam Opp Fund Company Profile

VinaCapital Vietnam Opportunity Fund Ltd (“the Company” or “VOF”) is a closed-end fund trading on the London Stock Exchange's Main Market. Launched in 2003, VOF provides investors with access to the Vietnamese market across a range of industry sectors and asset classes, including but not limited to listed and unlisted equity*, private equity, operating assets and real estate projects.