Pacific Assets (LON:PAC – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as GBX 411 and last traded at GBX 411, with a volume of 77179 shares trading hands. The stock had previously closed at GBX 407.
Pacific Assets Price Performance
The stock has a market cap of £469.62 million, a price-to-earnings ratio of -111.08 and a beta of 0.66. The company’s fifty day moving average price is GBX 381.29 and its 200-day moving average price is GBX 376.18.
Pacific Assets (LON:PAC – Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The investment trust reported GBX 5.60 EPS for the quarter. The firm had revenue of GBX 991 million during the quarter. Pacific Assets had a negative net margin of 29.27% and a negative return on equity of 0.93%.
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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