Vietnam Enterprise (LON:VEIL) Stock Crosses Below Fifty Day Moving Average – What’s Next?

Vietnam Enterprise (LON:VEILGet Free Report) shares crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 594.54 ($7.68) and traded as low as GBX 592 ($7.65). Vietnam Enterprise shares last traded at GBX 596 ($7.70), with a volume of 174,905 shares trading hands.

Vietnam Enterprise Stock Performance

The company has a 50 day moving average price of GBX 594.70 and a 200 day moving average price of GBX 584.94. The company has a market capitalization of £1.38 billion, a price-to-earnings ratio of -407.22 and a beta of 0.59.

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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