VinaCapital Vietnam Opp Fund (LON:VOF) Reaches New 12-Month High - Still a Buy?

Key Points

• The VinaCapital Vietnam Opportunity Fund (LON:VOF) reached a new 52-week high of GBX 500 ($6.70) during trading, closing at GBX 492 ($6.59).
• Insider Charlotta Ginman purchased 4,400 shares of the fund stock at an average price of GBX 456, signaling confidence in the company's performance.
• The fund, launched in 2003, gives investors access to various sectors in the Vietnamese market, including equity, private equity, and real estate.

VinaCapital Vietnam Opp Fund (LON:VOF - Get Free Report)'s share price reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 500 ($6.75) and last traded at GBX 492 ($6.65), with a volume of 102205 shares trading hands. The stock had previously closed at GBX 499 ($6.74).

VinaCapital Vietnam Opp Fund Price Performance

The firm has a market cap of £661.11 million, a price-to-earnings ratio of 895.45 and a beta of 0.47. The firm has a fifty day simple moving average of GBX 467.74 and a two-hundred day simple moving average of GBX 435.11.

Insider Activity

In related news, insider Charlotta Ginman acquired 4,400 shares of the stock in a transaction dated Monday, July 21st. The stock was acquired at an average cost of GBX 456 per share, for a total transaction of £20,064. Corporate insiders own 1.62% of the company's stock.

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.