VietNam (LON:VNH) Stock Price Up 0.8% – Here’s What Happened
by Scott Moore · The Cerbat GemShares of VietNam Holding Limited (LON:VNH – Get Free Report) were up 0.8% during mid-day trading on Thursday . The company traded as high as GBX 333 and last traded at GBX 330.50. 468,253 shares traded hands during mid-day trading, an increase of 762% from the average session volume of 54,333 shares. The stock had previously closed at GBX 328.
VietNam Stock Performance
The business’s 50 day simple moving average is GBX 334.34 and its 200-day simple moving average is GBX 357.80. The company has a market cap of £61.10 million, a price-to-earnings ratio of 8.06 and a beta of 0.45.
Insider Activity
In other news, insider Hiroshi Funaki acquired 30,000 shares of VietNam stock in a transaction that occurred on Friday, May 29th. The stock was purchased at an average price of GBX 349 per share, with a total value of £104,700. Corporate insiders own 1.44% of the company’s stock.
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.