VinaCapital Vietnam Opp Fund (LON:VOF) Hits New 52-Week High - Should You Buy?

Key Points

• The VinaCapital Vietnam Opp Fund (LON:VOF) reached a new 52-week high of GBX 500 ($6.81) during trading, up slightly from its previous close of GBX 498.50.
• With a market capitalization of £661.55 million, the fund has a high PE ratio of 907.27, indicating significant investor expectations.
• Insider Charlotta Ginman purchased 4,400 shares at GBX 456 each, demonstrating confidence in the fund as insiders currently own 1.62% of the stock.

VinaCapital Vietnam Opp Fund (LON:VOF - Get Free Report)'s stock price hit a new 52-week high on Thursday . The company traded as high as GBX 500 ($6.76) and last traded at GBX 500 ($6.76), with a volume of 1559 shares traded. The stock had previously closed at GBX 498.50 ($6.74).

VinaCapital Vietnam Opp Fund Trading Down 1.3%

The stock has a market cap of £648.96 million, a price-to-earnings ratio of 890.00 and a beta of 0.47. The stock's 50 day moving average is GBX 481.62 and its two-hundred day moving average is GBX 438.82.

Insiders Place Their Bets

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

About VinaCapital Vietnam Opp Fund

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.