VietNam (LON:VNH) Shares Down 1.8% – What’s Next?

VietNam Holding Limited (LON:VNHGet Free Report)’s share price was down 1.8% on Monday . The company traded as low as GBX 321 and last traded at GBX 328. Approximately 6,590 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 50,524 shares. The stock had previously closed at GBX 334.

VietNam Stock Performance

The firm’s 50-day moving average is GBX 345.98 and its two-hundred day moving average is GBX 366.27. The stock has a market cap of £57.74 million, a P/E ratio of 7.61 and a beta of 0.45.

Insider Activity

In other news, insider Hiroshi Funaki purchased 30,000 shares of the business’s stock in a transaction dated Friday, May 29th. The shares were acquired at an average price of GBX 349 per share, with a total value of £104,700. 1.44% of the stock is owned by company insiders.

About VietNam

(Get Free Report)

Vietnam Holding (VNH) invests in high-growth companies in Vietnam, focusing on domestic consumption, industrialisation and urbanisation. Launched in 2006, VNH is a closed-end fund listed on the London Stock Exchange.

The Company’s investment objective is to achieve long term capital appreciation by investing in a diversified portfolio of companies that have high growth potential at an attractive valuation.

Vietnam Holding (VNH) has been firmly committed to applying sound sustainability criteria at the heart of its investment approach for ten years now.

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