ValuEngine Upgrades Pershing Square (OTCMKTS:PSHZF) to Hold

ValuEngine upgraded shares of Pershing Square (OTCMKTS:PSHZF) from a sell rating to a hold rating in a research note published on Wednesday, ValuEngine reports.

Pershing Square stock traded down $0.14 during mid-day trading on Wednesday, hitting $18.25. 23,200 shares of the company’s stock were exchanged, compared to its average volume of 22,924. Pershing Square has a fifty-two week low of $12.38 and a fifty-two week high of $19.75. The company’s 50 day simple moving average is $18.95 and its 200-day simple moving average is $18.11.

About Pershing Square

Pershing Square Holdings, Ltd. is an open ended hedge fund launched and managed by Pershing Square Capital Management, L.P. It invests in public equity and fixed income markets across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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