Vietnam Enterprise (LON:VEIL) Shares Pass Below Fifty Day Moving Average – Should You Sell?

Shares of Vietnam Enterprise (LON:VEILGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 752.45 and traded as low as GBX 724. Vietnam Enterprise shares last traded at GBX 735.90, with a volume of 1,027,618 shares changing hands.

Vietnam Enterprise Trading Up 2.3%

The company has a market cap of £1.23 billion, a P/E ratio of 18.83 and a beta of 0.59. The company has a 50 day moving average price of GBX 752.45 and a 200-day moving average price of GBX 669.76.

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.

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