Invesco Asia Trust (LON:IAT) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Invesco Asia Trust plc (LON:IATGet Free Report)’s stock price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 341.44 ($4.20) and traded as high as GBX 345.10 ($4.25). Invesco Asia Trust shares last traded at GBX 342 ($4.21), with a volume of 77,736 shares.

Invesco Asia Trust Price Performance

The stock has a market cap of £218.37 million, a price-to-earnings ratio of 4,206.50 and a beta of 0.64. The company has a current ratio of 0.11, a quick ratio of 0.36 and a debt-to-equity ratio of 5.32. The company’s fifty day moving average is GBX 341.44 and its two-hundred day moving average is GBX 331.60.

About Invesco Asia Trust

(Get Free Report)

Managed by Ian Hargreaves and Fiona Yang, the Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its Net Asset Value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).

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