Pershing Square (LON:PSH) Hits New 12-Month Low – Here’s What Happened

Shares of Pershing Square Holdings (LON:PSHGet Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 3,678 and last traded at GBX 3,700, with a volume of 159340 shares trading hands. The stock had previously closed at GBX 3,748.

Pershing Square Stock Down 0.2%

The business has a 50-day simple moving average of GBX 4,020.11 and a two-hundred day simple moving average of GBX 4,288.63. The stock has a market capitalization of £6.67 billion, a P/E ratio of 2.71 and a beta of 0.86. The company has a quick ratio of 8.65, a current ratio of 2.14 and a debt-to-equity ratio of 24.38.

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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