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Pacific Assets (LON:PAC) Trading 1.6% Higher - Should You Buy?

Pacific Assets logo with Financial Services background

Pacific Assets (LON:PAC - Get Free Report) shares traded up 1.6% during mid-day trading on Tuesday . The stock traded as high as GBX 375 ($4.78) and last traded at GBX 374 ($4.77). 48,221 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 203,691 shares. The stock had previously closed at GBX 368 ($4.69).

Pacific Assets Price Performance

The stock has a 50 day moving average price of GBX 372.60 and a two-hundred day moving average price of GBX 374.70. The company has a market capitalization of £449.97 million, a price-to-earnings ratio of -7,440.00 and a beta of 0.38.

About Pacific Assets

(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.

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