VietNam (LON:VNH) Shares Up 2% – Here’s What Happened

VietNam Holding Limited (LON:VNHGet Free Report)’s share price shot up 2% during mid-day trading on Wednesday . The company traded as high as GBX 408 ($5.25) and last traded at GBX 403 ($5.19). 11,158 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 44,660 shares. The stock had previously closed at GBX 395 ($5.08).

VietNam Stock Performance

The firm’s 50 day moving average is GBX 391.01 and its 200 day moving average is GBX 386.09. The stock has a market cap of £109.33 million, a P/E ratio of -334.43 and a beta of 0.63.

About VietNam

(Get Free Report)

VietNam Holding Limited is a closed ended equity mutual fund launched and managed by Vietnam Holding Asset Management Ltd. The fund invests in the public equity markets of Vietnam. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of large cap companies, with an emphasis on State Owned Enterprises that the Vietnamese government has identified for partial divestment and listing on the two domestic securities trading centers.

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