Pershing Square (LON:PSH) Stock Price Up 3.2% - Here's Why

Shares of Pershing Square Holdings (LON:PSH - Get Free Report) shot up 3.2% during trading on Wednesday . The stock traded as high as GBX 4,610 and last traded at GBX 4,583.92. 2,284,964 shares were traded during trading, an increase of 523% from the average session volume of 366,912 shares. The stock had previously closed at GBX 4,442.Get Pershing Square alerts:Pershing Square Stock PerformanceThe stock's 50-day moving average price is GBX 4,832.75 and its 200 day moving average price is GBX 4,586.02. The company has a quick ratio of 8.65, a current ratio of 40.41 and a debt-to-equity ratio of 18.59. The company has a market cap of £8.09 billion, a P/E ratio of 7.18 and a beta of 0.97. About Pershing Square (Get Free Report)Pershing Square Holdings (LN:PSHD) is an investment holding company structured as a closed-ended fund that makes concentrated investments in publicly traded, principally North American-domiciled, companies. The investment objective is to maximize long-term compound annual rate of growth in intrinsic value per share. See AlsoFive stocks we like better than Pershing SquareA month before the crashBuffett, Gates and Bezos Quietly Dumping Stocks—Here's WhyWall Street Alert: Buy AESBitcoin is down but your income is about to explodeTrump Devises the Death of the IRS ☠️This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Pershing Square Right Now?Before you consider Pershing Square, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Pershing Square wasn't on the list.While Pershing Square currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here