VinaCapital Vietnam Opp Fund (LON:VOF) Stock Price Up 0.3% – Here’s Why

VinaCapital Vietnam Opp Fund (LON:VOF) traded up 0.3% during trading on Tuesday . The company traded as high as GBX 471 and last traded at GBX 470. 47,075 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 289,342 shares. The stock had previously closed at GBX 468.50.

VinaCapital Vietnam Opp Fund Stock Performance

The stock has a fifty day simple moving average of GBX 463.18 and a two-hundred day simple moving average of GBX 467.08. The stock has a market capitalization of £608.80 million, a price-to-earnings ratio of -14.24 and a beta of 0.47.

About VinaCapital Vietnam Opp Fund

VinaCapital Vietnam Opportunity Fund Ltd (“the Company” or “VOF”) is a closed-end fund trading on the London Stock Exchange’s Main Market.

Launched in 2003, VOF provides investors with access to the Vietnamese market across a range of industry sectors and asset classes, including but not limited to listed and unlisted equity*, private equity, operating assets and real estate projects. Investments are selected to target growth on the basis of the best risk-adjusted rates of return.

VOF’s objective is to achieve medium to long-term returns through investment in assets either in Vietnam or in companies with a substantial majority of their assets, operations, revenues or income in, or derived from, Vietnam.