Vietnam Enterprise (LON:VEIL) Sets New 12-Month Low – Should You Sell?

Vietnam Enterprise (LON:VEILGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 682 and last traded at GBX 702, with a volume of 25904 shares trading hands. The stock had previously closed at GBX 692.

Vietnam Enterprise Stock Performance

The company has a fifty day moving average of GBX 752.07 and a two-hundred day moving average of GBX 770.42. The company has a market cap of £970.04 million, a PE ratio of 3.39 and a beta of 0.44.

About Vietnam Enterprise

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Launched in 1995, Vietnam Enterprise Investments Limited (VEIL) was listed on the LSE in July 2016. It is the longest running closed-end fund focused on Vietnam and one of the largest which invests in listed and pre-IPO companies in Vietnam that offer attractive growth and value metrics . The fund has a strong ESG commitment driven by a close relationship with the IFC. The manager, Dragon Capital Group, has funded the Chair in Biodiversity at Exeter University.

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