SVM UK Emerging Fund Plc (LON:SVM) shares were down 1.5% during mid-day trading on Tuesday . The company traded as low as GBX 90 ($1.18) and last traded at GBX 91.57 ($1.20), approximately 5,547 shares traded hands during mid-day trading. A decline of 37% from the average daily volume of 8,838 shares. The stock had previously closed at GBX 93 ($1.22).
The firm’s fifty day moving average price is GBX 93.87. The stock has a market capitalization of $5.48 million and a PE ratio of 4.13.
About SVM UK Emerging Fund (LON:SVM)
SVM UK Emerging Fund plc is a closed ended equity mutual fund launched and managed by SVM Asset Management Limited. The fund invests in the public equity markets of the United Kingdom with a focus on Alternative Investment Markets. It invests in the stocks of companies operating across diversified sectors with focus on healthcare, technology, business services, travel and gaming.