Pacific Assets Trust plc (LON:PAC)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $265.26 and traded as high as $270.36. Pacific Assets Trust shares last traded at $266.00, with a volume of 475,111 shares changing hands.
The stock has a market cap of $326.59 million and a P/E ratio of 11.88. The firm has a 50 day simple moving average of GBX 265.26 and a two-hundred day simple moving average of GBX 246.23.
About Pacific Assets Trust (LON:PAC)
Pacific Assets Trust plc is a United Kingdom-based investment trust. The Company’s investment objective is to achieve long-term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub-continent, but excluding Japan, Australia and New Zealand (the Asia Pacific Region).
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