Pacific Assets (LON:PAC) Stock Crosses Below 200 Day Moving Average – What’s Next?

Pacific Assets (LON:PACGet Free Report)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 374.74 ($4.71) and traded as low as GBX 368 ($4.63). Pacific Assets shares last traded at GBX 368 ($4.63), with a volume of 84,268 shares.

Pacific Assets Price Performance

The firm’s 50 day moving average is GBX 371.38 and its 200 day moving average is GBX 374.74. The company has a market capitalization of £445.74 million, a PE ratio of -7,370.00 and a beta of 0.38.

About Pacific Assets

(Get Free Report)

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.

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