Vietnam Enterprise (LON:VEIL) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Vietnam Enterprise (LON:VEILGet Free Report)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 594.52 ($7.48) and traded as low as GBX 577 ($7.26). Vietnam Enterprise shares last traded at GBX 577 ($7.26), with a volume of 337,732 shares.

Vietnam Enterprise Stock Down 1.4 %

The stock has a market capitalization of £1.32 billion, a price-to-earnings ratio of -389.72 and a beta of 0.59. The business’s 50 day simple moving average is GBX 594.52 and its 200-day simple moving average is GBX 582.22.

Vietnam Enterprise Company Profile

(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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