VietNam (LON:VNH) Shares Down 2.2% – Here’s What Happened
by Teresa Graham · The Cerbat GemVietNam Holding Limited (LON:VNH – Get Free Report)’s share price fell 2.2% during trading on Thursday . The stock traded as low as GBX 339 and last traded at GBX 343.20. 12,111 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 36,448 shares. The stock had previously closed at GBX 351.
VietNam Stock Down 2.2%
The firm has a market cap of £64.86 million, a price-to-earnings ratio of 8.37 and a beta of 0.48. The company has a 50-day moving average price of GBX 364.66 and a 200 day moving average price of GBX 378.87.
VietNam Company Profile
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.