VietNam (LON:VNH) Shares Up 0.8% – Should You Buy?

Shares of VietNam Holding Limited (LON:VNH) shot up 0.8% during trading on Thursday . The stock traded as high as GBX 333 and last traded at GBX 330.50. 468,253 shares were traded during mid-day trading, an increase of 762% from the average daily volume of 54,333 shares. The stock had previously closed at GBX 328.

VietNam Price Performance

The firm’s 50 day moving average price is GBX 334.02 and its 200-day moving average price is GBX 357.60. The firm has a market cap of £60.99 million, a price-to-earnings ratio of 8.05 and a beta of 0.67.

Insider Transactions at VietNam

In other news, insider Hiroshi Funaki bought 30,000 shares of VietNam stock in a transaction dated Friday, May 29th. The shares were bought at an average price of GBX 349 per share, for a total transaction of £104,700. 1.44% of the stock is owned by corporate insiders.

VietNam Company Profile

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.