Shares of Vietnam Enterprise (LON:VEIL – Get Free Report) crossed below its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 722.22 and traded as low as GBX 719. Vietnam Enterprise shares last traded at GBX 719, with a volume of 31,801 shares.
Vietnam Enterprise Stock Performance
The company has a 50-day simple moving average of GBX 722.22 and a two-hundred day simple moving average of GBX 742.79. The firm has a market capitalization of £883.10 million, a P/E ratio of 4.47 and a beta of 0.54.
About Vietnam Enterprise
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. The manager, Dragon Capital Group, has funded the Chair in Biodiversity at Exeter University.
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