Pacific Assets (LON:PAC – Get Free Report)’s stock price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 366.27 and traded as low as GBX 363. Pacific Assets shares last traded at GBX 367, with a volume of 242,163 shares traded.
Pacific Assets Stock Performance
The company has a market cap of £414.35 million, a price-to-earnings ratio of -17.19 and a beta of 0.38. The company’s fifty day moving average is GBX 366.27 and its two-hundred day moving average is GBX 356.16.
Pacific Assets (LON:PAC – Get Free Report) last announced its quarterly earnings data on Thursday, October 2nd. The investment trust reported GBX 4 EPS for the quarter. Pacific Assets had a net margin of 70.84% and a return on equity of 8.79%.
Pacific Assets Company Profile
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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