Pershing Square (LON:PSH) Shares Up 1.2% – Here’s What Happened

Pershing Square Holdings (LON:PSHGet Free Report)’s stock price rose 1.2% during trading on Wednesday . The company traded as high as GBX 4,208.73 and last traded at GBX 4,198. Approximately 2,500,353 shares were traded during mid-day trading, an increase of 426% from the average daily volume of 475,211 shares. The stock had previously closed at GBX 4,150.

Pershing Square Price Performance

The company has a quick ratio of 8.65, a current ratio of 2.14 and a debt-to-equity ratio of 24.38. The company has a 50 day simple moving average of GBX 4,572.60 and a 200-day simple moving average of GBX 4,648.41. The stock has a market cap of £7.39 billion, a price-to-earnings ratio of 6.58 and a beta of 0.80.

Pershing Square Company Profile

(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.

Further Reading

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