Genesis Emerging Markets Fund (LON:GSS) Stock Price Down 1% – Should You Sell?

Genesis Emerging Markets Fund (LON:GSS)’s stock price was down 1% during mid-day trading on Wednesday . The company traded as low as GBX 860 ($10.85) and last traded at GBX 869 ($10.97). Approximately 27,013 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 78,356 shares. The stock had previously closed at GBX 878 ($11.08).

Genesis Emerging Markets Fund Stock Performance

The stock has a market cap of £1.06 billion and a P/E ratio of 6.18. The business has a 50 day simple moving average of GBX 869 and a 200-day simple moving average of GBX 869.

Genesis Emerging Markets Fund Company Profile

Genesis Emerging Markets Fund is a closed ended equity mutual fund launched by Genesis Asset Managers, LLP. The fund is managed by Genesis Investment Management, LLP. It invests in the public equity markets of emerging countries across the globe. The fund invests in stocks of companies operating across diversified sectors.