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

Shares of Vietnam Enterprise (LON:VEILGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 594.52 ($7.48) and traded as low as GBX 577 ($7.26). Vietnam Enterprise shares last traded at GBX 577 ($7.26), with a volume of 337,732 shares traded.

Vietnam Enterprise Price Performance

The stock’s 50-day moving average price is GBX 594.24 and its 200 day moving average price is GBX 582.18. The firm has a market cap of £1.32 billion, a P/E ratio of -389.72 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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