Perpetual Equity Investment (ASX:PIC) Shares Up 1.4%

Perpetual Equity Investment Company Ltd (ASX:PIC) shares shot up 1.4% during mid-day trading on Monday . The company traded as high as A$1.06 ($0.75) and last traded at A$1.06 ($0.75), 135,114 shares traded hands during mid-day trading. The stock had previously closed at A$1.04 ($0.74).

The stock has a market capitalization of $364.71 million and a price-to-earnings ratio of 22.45. The company’s 50-day moving average is A$1.03 and its 200-day moving average is A$1.03.

About Perpetual Equity Investment (ASX:PIC)

Perpetual Equity Investment Company Limited invests in listed securities. The company was incorporated in 2014 and is based in Sydney, Australia.

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