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Vietnam Enterprise (LON:VEIL) Sets New 52-Week High - Time to Buy?

Vietnam Enterprise logo with Financial Services background

Vietnam Enterprise (LON:VEIL - Get Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as GBX 617 ($7.64) and last traded at GBX 617 ($7.64), with a volume of 59453 shares changing hands. The stock had previously closed at GBX 612 ($7.58).

Vietnam Enterprise Trading Up 0.8 %

The firm has a market cap of £1.25 billion, a PE ratio of -670.60 and a beta of 0.59. The firm has a fifty day simple moving average of GBX 580.98 and a two-hundred day simple moving average of GBX 581.21. The company has a current ratio of 500.97, a quick ratio of 247.74 and a debt-to-equity ratio of 1.39.

Insider Buying and Selling

In other news, insider Sarah Arkle acquired 10,304 shares of the business's stock in a transaction on Monday, November 11th. The shares were acquired at an average cost of GBX 575 ($7.12) per share, with a total value of £59,248 ($73,335.81). 0.08% of the stock is currently owned by insiders.

About Vietnam Enterprise

(Get Free Report)

Launched in 1995, Vietnam Enterprise Investments Limited (VEIL) was listed on the LSE in July 2016. It is the longest running closed-end fund focused on Vietnam and one of the largest which invests in listed and pre-IPO companies in Vietnam that offer attractive growth and value metrics . The fund has a strong ESG commitment driven by a close relationship with the IFC.

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