Pacific Current Group (ASX:PAC) Trading Down 1.5%

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Pacific Current Group Ltd (ASX:PAC) traded down 1.5% during trading on Tuesday . The stock traded as low as A$6.39 ($4.53) and last traded at A$6.43 ($4.56), 19,862 shares were traded during mid-day trading. A decline of 58% from the average session volume of 47,176 shares. The stock had previously closed at A$6.53 ($4.63).

The stock has a market cap of $306.34 million and a price-to-earnings ratio of 8.23. The company’s 50 day moving average is A$6.99 and its 200 day moving average is A$5.73. The company has a debt-to-equity ratio of 1.96, a current ratio of 3.07 and a quick ratio of 2.83.

About Pacific Current Group (ASX:PAC)

Pacific Current Group Limited engages in multi-boutique asset management business worldwide. It manages assets for institutional and individual clients. The company was formerly known as Treasury Group Ltd and changed its name to Pacific Current Group Limited in October 2015. Pacific Current Group Limited is based in Sydney, Australia.

Further Reading: Total Return

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