Pershing Square (LON:PSH) Trading 2.2% Higher – Here’s What Happened

Pershing Square Holdings (LON:PSHGet Free Report)’s share price shot up 2.2% on Wednesday . The company traded as high as GBX 4,112 and last traded at GBX 4,056. 1,027,007 shares changed hands during mid-day trading, a decline of 16% from the average session volume of 1,215,689 shares. The stock had previously closed at GBX 3,970.

Pershing Square Trading Up 2.2%

The company has a 50 day moving average of GBX 4,351.23 and a two-hundred day moving average of GBX 4,622.23. The stock has a market capitalization of £7.12 billion, a PE ratio of 2.88 and a beta of 0.80. The company has a debt-to-equity ratio of 24.38, a quick ratio of 8.65 and a current ratio of 2.14.

About Pershing Square

(Get Free Report)

Pershing Square Holdings (LN:PSHD) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share.

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