VietNam (LON:VNH) Shares Down 0.5% – Here’s Why

VietNam Holding Limited (LON:VNH)’s stock price dropped 0.5% during mid-day trading on Wednesday . The company traded as low as GBX 402 ($5.04) and last traded at GBX 402 ($5.04). Approximately 19,416 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 45,037 shares. The stock had previously closed at GBX 404 ($5.07).

VietNam Stock Performance

The firm has a fifty day simple moving average of GBX 401.44 and a 200 day simple moving average of GBX 391.29. The company has a market cap of £110.43 million, a PE ratio of -329.51 and a beta of 0.63.

VietNam Company Profile

VietNam Holding Limited is a closed ended equity mutual fund launched and managed by Vietnam Holding Asset Management Ltd. The fund invests in the public equity markets of Vietnam. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of large cap companies, with an emphasis on State Owned Enterprises that the Vietnamese government has identified for partial divestment and listing on the two domestic securities trading centers.