Pershing Square (LON:PSH) Stock Breaks Above 50 Day Moving Average – Should You Sell?

Pershing Square Holdings (LON:PSH – Get Free Report)’s share price passed above its 50 day moving average during trading on Tuesday. The stock has a 50 day moving average of GBX 3,783.50 and traded as high as GBX 3,882. Pershing Square shares last traded at GBX 3,826, with a volume of 1,871,815 shares.

Pershing Square Price Performance

The company has a debt-to-equity ratio of 28.00, a quick ratio of 8.65 and a current ratio of 1.87. The company has a market cap of £6.65 billion, a P/E ratio of -5.07 and a beta of 0.88. The firm’s fifty day moving average is GBX 3,783.50 and its two-hundred day moving average is GBX 4,036.93.

About Pershing Square

(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.

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