Free Trial

Pacific Assets (LON:PAC) Share Price Passes Below 50 Day Moving Average - Time to Sell?

Pacific Assets logo with Financial Services background

Pacific Assets (LON:PAC - Get Free Report)'s stock price passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 370.18 ($4.59) and traded as low as GBX 346.05 ($4.29). Pacific Assets shares last traded at GBX 350 ($4.34), with a volume of 513,391 shares traded.

Pacific Assets Stock Performance

The firm has a fifty day simple moving average of GBX 368.62 and a two-hundred day simple moving average of GBX 372.12. The firm has a market cap of £433.04 million, a PE ratio of -7,160.00 and a beta of 0.38.

Insider Activity at Pacific Assets

In other Pacific Assets news, insider Nandita Sahgal purchased 1,426 shares of the stock in a transaction that occurred on Monday, January 13th. The stock was purchased at an average price of GBX 369 ($4.58) per share, with a total value of £5,261.94 ($6,524.41). 2.72% of the stock is currently owned by insiders.

Pacific Assets Company Profile

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Pacific Assets Right Now?

Before you consider Pacific Assets, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pacific Assets wasn't on the list.

While Pacific Assets currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines