Pacific Assets (LON:PAC – Get Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as GBX 413 and last traded at GBX 413, with a volume of 183907 shares. The stock had previously closed at GBX 407.
Pacific Assets Stock Performance
The company has a market capitalization of £471.91 million, a P/E ratio of -111.62 and a beta of 0.66. The stock has a 50 day moving average price of GBX 387.26 and a 200 day moving average price of GBX 378.86.
Pacific Assets (LON:PAC – Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The investment trust reported GBX 5.60 earnings per share (EPS) for the quarter. Pacific Assets had a negative return on equity of 0.93% and a negative net margin of 29.27%.The business had revenue of GBX 991 million for the quarter.
About Pacific Assets
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. The fund primarily invests in growth stocks of companies, with an emphasis on companies which are well positioned to benefit from and contribute to sustainable development of the countries in which they operate.
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