Vietnam Enterprise (LON:VEIL) Share Price Crosses Below 50 Day Moving Average – Here’s Why

Shares of Vietnam Enterprise (LON:VEIL – Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 568.84 ($7.55) and traded as low as GBX 510 ($6.77). Vietnam Enterprise shares last traded at GBX 510 ($6.77), with a volume of 143,755 shares.

Vietnam Enterprise Trading Up 0.4 %

The stock’s fifty day moving average price is GBX 567.28 and its two-hundred day moving average price is GBX 580.06. The stock has a market capitalization of £1.17 billion, a P/E ratio of -345.82 and a beta of 0.59.

About Vietnam Enterprise

(Get Free Report)

Launched in 1995, Vietnam Enterprise Investments Limited (VEIL) was listed on the LSE in July 2016. It is the longest running closed-end fund focused on Vietnam and one of the largest which invests in listed and pre-IPO companies in Vietnam that offer attractive growth and value metrics . The fund has a strong ESG commitment driven by a close relationship with the IFC.

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