VinaCapital Vietnam Opp Fund (LON:VOF) Trading 0.8% Higher - Still a Buy?

Shares of VinaCapital Vietnam Opp Fund (LON:VOF - Get Free Report) shot up 0.8% during mid-day trading on Tuesday . The stock traded as high as GBX 442 ($5.64) and last traded at GBX 440.50 ($5.62). 79,937 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 242,838 shares. The stock had previously closed at GBX 437 ($5.57).

VinaCapital Vietnam Opp Fund Price Performance

The company has a 50 day moving average of GBX 448.26 and a 200 day moving average of GBX 468.90. The company has a current ratio of 120.98, a quick ratio of 55.38 and a debt-to-equity ratio of 0.89. The firm has a market cap of £667.38 million, a price-to-earnings ratio of 591.33 and a beta of 0.47.

VinaCapital Vietnam Opp Fund Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 4th. Stockholders of record on Thursday, October 31st were given a dividend of $0.07 per share. The ex-dividend date was Thursday, October 31st. This represents a dividend yield of 1.21%. This is a positive change from VinaCapital Vietnam Opp Fund's previous dividend of $0.07. VinaCapital Vietnam Opp Fund's dividend payout ratio (DPR) is currently 1,466.67%.

About VinaCapital Vietnam Opp Fund

VinaCapital Vietnam Opportunity Fund Limited specializes in private equity investments. The fund seeks to invest 80 percent of its portfolio in private equity and 20 percent in equitization projects will be re-allocated to listed shares. The fund also makes private investments. It invests in stocks of companies operating across the diversified sectors.