Invesco Asia Trust (LON:IAT) Stock Passes Above 50-Day Moving Average – Should You Sell?

Shares of Invesco Asia Trust plc (LON:IATGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Invesco Asia Trust Trading Down 1.6 %

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 firm has a 50-day moving average price of GBX 341.44 and a 200-day moving average price of GBX 331.60. The company has a market capitalization of £218.37 million, a price-to-earnings ratio of 4,206.50 and a beta of 0.64.

Invesco Asia Trust Company Profile

(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).

Featured Stories

Receive News & Ratings for Invesco Asia Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Asia Trust and related companies with MarketBeat.com's FREE daily email newsletter.