Pacific Assets (LON:PAC – Get Free Report) shares crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 370.70 ($4.56) and traded as high as GBX 371.05 ($4.57). Pacific Assets shares last traded at GBX 363 ($4.47), with a volume of 159,257 shares.
Pacific Assets Price Performance
The firm has a market cap of £437.88 million, a P/E ratio of -7,240.00 and a beta of 0.38. The business’s 50 day moving average is GBX 370.62 and its two-hundred day moving average is GBX 373.57.
Insider Buying and Selling
In related news, insider Nandita Sahgal purchased 1,426 shares of the firm’s stock in a transaction on Monday, January 13th. The stock was purchased at an average cost of GBX 369 ($4.54) per share, with a total value of £5,261.94 ($6,477.83). 2.72% of the stock is currently owned by insiders.
Pacific Assets Company Profile
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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