Pershing Square Holdings (LON:PSH – Get Free Report) shares dropped 1.8% during trading on Wednesday . The company traded as low as GBX 3,860 and last traded at GBX 3,860. Approximately 195,634 shares were traded during trading, a decline of 83% from the average daily volume of 1,179,664 shares. The stock had previously closed at GBX 3,930.
Pershing Square Price Performance
The company has a debt-to-equity ratio of 24.38, a current ratio of 2.14 and a quick ratio of 8.65. The firm has a market cap of £6.69 billion, a price-to-earnings ratio of 2.71 and a beta of 0.86. The stock has a 50-day moving average price of GBX 4,118.99 and a 200 day moving average price of GBX 4,399.12.
About Pershing Square
Pershing Square Holdings (LN:PSHD) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.
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