Pershing Square (OTCMKTS:PSHZF) Sees Strong Trading Volume – Time to Buy?

Shares of Pershing Square Holdings, Ltd. (OTCMKTS:PSHZFGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 19,521 shares were traded during trading, an increase of 0% from the previous session’s volume of 19,462 shares.The stock last traded at $58.00 and had previously closed at $53.70.

Key Headlines Impacting Pershing Square

Here are the key news stories impacting Pershing Square this week:

Pershing Square Price Performance

The firm has a fifty day simple moving average of $57.12 and a two-hundred day simple moving average of $61.29. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 0.24.

Pershing Square Company Profile

(Get Free Report)

Pershing Square Holdings, Ltd. (OTCMKTS:PSHZF) is a Guernsey-registered closed-ended investment company that offers public investors access to the concentrated investment strategy of Pershing Square Capital Management, L.P. Founded by William “Bill” Ackman, the firm employs a value-oriented, fundamental approach to equity investing, often engaging in activist campaigns to unlock shareholder value. Since its launch in April 2012, Pershing Square Holdings has built a portfolio of high-conviction positions in a select group of publicly traded companies, predominantly in North America and Western Europe.

As a holding company, Pershing Square Holdings does not originate new funds but rather issues ordinary shares to investors seeking exposure to the flagship strategy of Pershing Square Capital.

Read More

Receive News & Ratings for Pershing Square Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pershing Square and related companies with MarketBeat.com's FREE daily email newsletter.