VinaCapital Vietnam Opp Fund (LON:VOF) Hits New 1-Year High - Time to 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 - )'s share price hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 500 ($6.77) and last traded at GBX 497.32 ($6.74), with a volume of 487723 shares changing hands. The stock had previously closed at GBX 492.50 ($6.67).

VinaCapital Vietnam Opp Fund Price Performance

The business has a fifty day simple moving average of GBX 469.27 and a 200 day simple moving average of GBX 435.18. The firm has a market cap of £653.13 million, a price-to-earnings ratio of 895.71 and a beta of 0.47.

Insider Activity at VinaCapital Vietnam Opp Fund

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

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