Pershing Square (LON:PSH) Trading Up 0.7% – Here’s What Happened

Pershing Square Holdings (LON:PSHGet Free Report)’s share price rose 0.7% during trading on Wednesday . The company traded as high as GBX 4,118 and last traded at GBX 4,070. Approximately 5,565,236 shares traded hands during trading, an increase of 302% from the average daily volume of 1,383,302 shares. The stock had previously closed at GBX 4,040.

Pershing Square Stock Performance

The stock has a market cap of £7.20 billion, a PE ratio of 2.92 and a beta of 0.86. The company has a quick ratio of 8.65, a current ratio of 2.14 and a debt-to-equity ratio of 24.38. The stock has a 50-day moving average of GBX 4,116.66 and a 200 day moving average of GBX 4,474.34.

About Pershing Square

(Get Free Report)

Pershing Square Holdings (LN:PSHD) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.

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