Pacific Assets Trust (LON:PAC) Share Price Passes Above 50-Day Moving Average of $265.26

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Pacific Assets Trust plc (LON:PAC)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $265.26 and traded as high as $270.36. Pacific Assets Trust shares last traded at $266.00, with a volume of 475,111 shares.

The stock has a market capitalization of $325.38 million and a price-to-earnings ratio of 12.01. The business’s 50 day simple moving average is GBX 265.30 and its 200-day simple moving average is GBX 246.35.

Pacific Assets Trust Company Profile (LON:PAC)

Pacific Assets Trust plc is a United Kingdom-based investment trust. The Company’s investment objective is to achieve long-term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub-continent, but excluding Japan, Australia and New Zealand (the Asia Pacific Region).

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