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Pershing Square (LON:PSH) Trading 1.6% Higher - Here's Why

Pershing Square logo with Financial Services background

Shares of Pershing Square Holdings (LON:PSH - Get Free Report) traded up 1.6% on Monday . The company traded as high as GBX 3,610 ($48.50) and last traded at GBX 3,595.83 ($48.31). 129,736 shares changed hands during trading, a decline of 46% from the average session volume of 238,121 shares. The stock had previously closed at GBX 3,538.46 ($47.54).

Pershing Square Trading Up 1.6 %

The business has a 50 day moving average of GBX 3,731.20 and a two-hundred day moving average of GBX 3,840.19. The company has a debt-to-equity ratio of 18.59, a quick ratio of 8.65 and a current ratio of 40.41. The firm has a market capitalization of £8.23 billion, a price-to-earnings ratio of 3.77 and a beta of 0.97.

Pershing Square Company Profile

(Get Free Report)

Pershing Square Holdings LN:PSHD) (NA: PSH 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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