VietNam (LON:VNH) Stock Price Down 0.3% – Here’s Why

VietNam Holding Limited (LON:VNH) dropped 0.3% during mid-day trading on Monday . The company traded as low as GBX 351 and last traded at GBX 356. 62,491 shares traded hands during trading, an increase of 37% from the average session volume of 45,657 shares. The stock had previously closed at GBX 357.

VietNam Trading Up 0.3%

The stock has a market capitalization of £66.34 million, a P/E ratio of 8.66 and a beta of 0.44. The firm’s fifty day moving average is GBX 355.40 and its 200-day moving average is GBX 370.02.

Insiders Place Their Bets

In other news, insider Hiroshi Funaki bought 30,000 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was bought at an average price of GBX 349 per share, for a total transaction of £104,700. 1.43% of the stock is owned by company insiders.

About VietNam

Vietnam Holding (VNH) invests in high-growth companies in Vietnam, focusing on domestic consumption, industrialisation and urbanisation. Launched in 2006, VNH is a closed-end fund listed on the London Stock Exchange.

The Company’s investment objective is to achieve long term capital appreciation by investing in a diversified portfolio of companies that have high growth potential at an attractive valuation.

Vietnam Holding (VNH) has been firmly committed to applying sound sustainability criteria at the heart of its investment approach for ten years now.