Genesis Emerging Markets Fund (LON:GSS) Stock Passes Below 50 Day Moving Average – Here’s Why

Shares of Genesis Emerging Markets Fund (LON:GSS) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 869 ($10.86) and traded as low as GBX 860 ($10.75). Genesis Emerging Markets Fund shares last traded at GBX 869 ($10.86), with a volume of 27,013 shares changing hands.

Genesis Emerging Markets Fund Price Performance

The firm has a 50-day simple moving average of GBX 869 and a 200-day simple moving average of GBX 869. The firm has a market capitalization of £1.06 billion and a PE ratio of 6.18.

Genesis Emerging Markets Fund Company Profile

Genesis Emerging Markets Fund is a closed ended equity mutual fund launched by Genesis Asset Managers, LLP. The fund is managed by Genesis Investment Management, LLP. It invests in the public equity markets of emerging countries across the globe. The fund invests in stocks of companies operating across diversified sectors.