Pershing Square (LON:PSH) Stock Price Down 1.6% – What’s Next?

Pershing Square Holdings (LON:PSHGet Free Report) shares dropped 1.6% during mid-day trading on Monday . The stock traded as low as GBX 4,822 and last traded at GBX 4,822. Approximately 53,063 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 209,090 shares. The stock had previously closed at GBX 4,902.

Pershing Square Trading Up 1.1%

The company has a debt-to-equity ratio of 18.59, a quick ratio of 8.65 and a current ratio of 40.41. The stock has a market capitalization of £8.57 billion, a price-to-earnings ratio of 7.60 and a beta of 0.97. The business has a fifty day simple moving average of GBX 4,844.34 and a 200 day simple moving average of GBX 4,500.92.

About Pershing Square

(Get Free Report)

Pershing Square Holdings (LN:PSHD) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.

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