Shares of Pacific Assets (LON:PAC – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 357.36 ($4.45) and traded as high as GBX 366 ($4.56). Pacific Assets shares last traded at GBX 353 ($4.39), with a volume of 274,498 shares traded.
Pacific Assets Price Performance
The firm has a market cap of £435.46 million, a price-to-earnings ratio of 1,680.95 and a beta of 0.42. The business’s 50-day moving average price is GBX 357.36 and its two-hundred day moving average price is GBX 360.69.
About Pacific Assets
Pacific Assets Trust plc is a closed ended equity mutual fund launched by Frostrow Capital LLP. It is managed by First State Investment Management (UK) Limited. The fund invests in public equity markets of the Asia-Pacific region, excluding Japan, Australia, and New Zealand. It seeks to invest in stocks of companies operating across diversified sectors.
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