Platinum Asia Investments Ltd (ASX:PAI) was down 1% on Tuesday . The stock traded as low as A$0.97 ($0.69) and last traded at A$0.97 ($0.69), approximately 200,892 shares traded hands during mid-day trading. The stock had previously closed at A$0.98 ($0.70).
The firm has a market cap of $351.43 million and a P/E ratio of -11.94. The company’s 50-day moving average is A$0.95 and its two-hundred day moving average is A$1.04.
About Platinum Asia Investments (ASX:PAI)
Platinum Asia Investments Limited is a closed-ended equity mutual fund launched and managed by Platinum Asset Management Limited. It invests in the public equity markets of Asia ex Japan. The fund invests in stocks of companies operating across diversified sectors. It invests in value stocks of companies.
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