VietNam Holding Limited (LON:VNH – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as GBX 310 and last traded at GBX 320, with a volume of 24767 shares trading hands. The stock had previously closed at GBX 312.
VietNam Trading Down 2.2%
The stock has a market capitalization of £57.37 million, a PE ratio of 7.56 and a beta of 0.45. The firm has a 50-day moving average price of GBX 343.16 and a 200-day moving average price of GBX 364.85.
Insiders Place Their Bets
In related news, insider Hiroshi Funaki acquired 30,000 shares of the firm’s stock in a transaction that occurred on Friday, May 29th. The stock was acquired at an average price of GBX 349 per share, for a total transaction of £104,700. Insiders own 1.44% of the company’s stock.
About VietNam
Vietnam Holding (VNH) invests in high-growth companies in Vietnam, focusing on domestic consumption, industrialisation and urbanisation. Launched in 2006, VNH is a closed-end fund listed on the London Stock Exchange.
The Company’s investment objective is to achieve long term capital appreciation by investing in a diversified portfolio of companies that have high growth potential at an attractive valuation.
Vietnam Holding (VNH) has been firmly committed to applying sound sustainability criteria at the heart of its investment approach for ten years now.
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