VietNam (LON:VNH) Trading Down 12.8% – What’s Next?

by · The Markets Daily

Shares of VietNam Holding Limited (LON:VNH – Get Free Report) traded down 12.8% on Thursday . The stock traded as low as GBX 315.15 ($4.09) and last traded at GBX 315.15 ($4.09). 98,896 shares were traded during trading, an increase of 108% from the average session volume of 47,569 shares. The stock had previously closed at GBX 361.50 ($4.69).

VietNam Price Performance

The stock has a fifty day simple moving average of GBX 390.78 and a 200-day simple moving average of GBX 397.41. The company has a market capitalization of £94.09 million, a price-to-earnings ratio of 4.07 and a beta of 0.63.

VietNam Company Profile

(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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