Pershing Square (LON:PSH) Stock Price Down 1.8% – Time to Sell?

Pershing Square Holdings (LON:PSHGet Free Report) fell 1.8% on Wednesday . The stock traded as low as GBX 3,860 and last traded at GBX 3,860. 195,634 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 1,179,664 shares. The stock had previously closed at GBX 3,930.

Pershing Square Price Performance

The company has a debt-to-equity ratio of 24.38, a quick ratio of 8.65 and a current ratio of 2.14. The business has a 50 day simple moving average of GBX 4,119.79 and a 200-day simple moving average of GBX 4,404.92. The firm has a market cap of £6.76 billion, a price-to-earnings ratio of 2.74 and a beta of 0.86.

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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