Vietnam Enterprise (LON:VEIL) Stock Price Down 0.4% – Here’s Why

Vietnam Enterprise (LON:VEILGet Free Report)’s share price fell 0.4% during mid-day trading on Friday . The company traded as low as GBX 783 and last traded at GBX 792. 271,003 shares changed hands during mid-day trading, a decline of 4% from the average session volume of 281,247 shares. The stock had previously closed at GBX 795.

Vietnam Enterprise Price Performance

The firm’s fifty day moving average price is GBX 760.58 and its 200-day moving average price is GBX 725.52. The company has a market capitalization of £1.28 billion, a price-to-earnings ratio of 19.80 and a beta of 0.59.

About Vietnam Enterprise

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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. The manager, Dragon Capital Group, has funded the Chair in Biodiversity at Exeter University.

Further Reading

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