Pershing Square (LON:PSH) Stock Falls 1.4% – Here’s What Happened

Pershing Square Holdings (LON:PSH – Get Free Report) shares fell 1.4% on Thursday. The company traded as low as GBX 3,736 and last traded at GBX 3,774. 3,483,064 shares were traded during trading, an increase of 326% from the average daily volume of 816,919 shares. The stock had previously closed at GBX 3,826.

Pershing Square Trading Down 1.4%

The stock has a market cap of £6.58 billion, a price-to-earnings ratio of -5.02 and a beta of 0.88. The business has a 50-day simple moving average of GBX 3,801.89 and a two-hundred day simple moving average of GBX 3,919.05. The company has a debt-to-equity ratio of 28.00, a current ratio of 1.87 and a quick ratio of 8.65.

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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