QV Equities Ltd (ASX:QVE)’s stock price dropped 1% on Monday . The company traded as low as A$1.03 ($0.73) and last traded at A$1.03 ($0.73), approximately 250,244 shares were traded during mid-day trading. The stock had previously closed at A$1.04 ($0.74).
The business has a 50-day simple moving average of A$1.03 and a two-hundred day simple moving average of A$1.02. The stock has a market capitalization of $285.03 million and a P/E ratio of 30.29.
About QV Equities (ASX:QVE)
QV Equities Limited is a listed investment company launched and managed by Investors Mutual Limited. The firm invests in the public equity markets of Australia. It invests primarily in entities outside of the S&P/ASX 20 Index. The firm invests in the value stocks. It employs a bottom up research to create its portfolio.
