Shares of Pershing Square Holdings (LON:PSH – Get Free Report) shot up 0.7% during trading on Wednesday . The company traded as high as GBX 4,118 and last traded at GBX 4,070. 5,565,236 shares changed hands during mid-day trading, an increase of 302% from the average session volume of 1,383,302 shares. The stock had previously closed at GBX 4,040.
Pershing Square Trading Up 0.7%
The firm’s 50-day simple moving average is GBX 4,119.89 and its 200 day simple moving average is GBX 4,479.30. The stock has a market cap of £7.12 billion, a P/E ratio of 2.89 and a beta of 0.86. The company has a current ratio of 2.14, a quick ratio of 8.65 and a debt-to-equity ratio of 24.38.
About Pershing Square
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.
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