Hermes Pacific Investments (LON:HPAC) Trading 72.4% Higher – Still a Buy?

Hermes Pacific Investments plc (LON:HPACGet Free Report)’s share price rose 72.4% on Tuesday . The stock traded as high as GBX 50 ($0.64) and last traded at GBX 50 ($0.64). Approximately 100 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 749 shares. The stock had previously closed at GBX 29 ($0.37).

Hermes Pacific Investments Stock Performance

The company has a 50 day moving average price of GBX 48.30 and a two-hundred day moving average price of GBX 52.29. The firm has a market capitalization of £1.17 million, a price-to-earnings ratio of -2,333.33 and a beta of 0.37.

Hermes Pacific Investments Company Profile

(Get Free Report)

Hermes Pacific Investments Plc is a private equity firm specializing in quoted or unquoted investments made by direct acquisition of an equity interest. The firm invests in companies, partnerships, joint ventures, or it seeks direct interests in projects. It considers investing in South East Asia. The firm invests in the financial sector but is not limited to that.

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