Pershing Square (LON:PSH) Trading Down 2.8%

Pershing Square Holdings (LON:PSHGet Free Report) shares were down 2.8% on Tuesday . The company traded as low as GBX 3,820 ($47.55) and last traded at GBX 3,890 ($48.43). Approximately 260,177 shares changed hands during trading, an increase of 52% from the average daily volume of 170,853 shares. The stock had previously closed at GBX 4,004 ($49.84).

Pershing Square Stock Performance

The firm has a market capitalization of £7.25 billion, a PE ratio of 338.64 and a beta of 0.99. The company has a current ratio of 65.82, a quick ratio of 8.65 and a debt-to-equity ratio of 21.89. The business’s 50 day simple moving average is GBX 3,964.20 and its two-hundred day simple moving average is GBX 3,518.70.

About Pershing Square

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Pershing Square Holdings, Ltd. is a closed-ended balanced fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.

Further Reading

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