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abrdn Asia Focus (LON:AAS) Sets New 52-Week High - Time to Buy?

abrdn Asia Focus logo with Financial Services background

Key Points

  • abrdn Asia Focus plc reached a new 52-week high of GBX 342 ($4.60) during trading, closing at GBX 336.01 ($4.52) with a market capitalization of £510.76 million.
  • The stock showed a relatively low beta of 0.62 and a P/E ratio of 14.00, indicating less volatility compared to the market.
  • Insider purchases included 2,500 shares bought by Alex Finn at an average cost of GBX 320 ($4.30), reflecting insider confidence in the company.
  • Five stocks to consider instead of abrdn Asia Focus.

abrdn Asia Focus plc (LON:AAS - Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as GBX 342 ($4.53) and last traded at GBX 336.01 ($4.46), with a volume of 79147 shares. The stock had previously closed at GBX 335 ($4.44).

abrdn Asia Focus Stock Up 1.5%

The firm has a 50 day moving average of GBX 320.52 and a 200 day moving average of GBX 299.99. The firm has a market cap of £518.31 million, a price-to-earnings ratio of 14.21 and a beta of 0.62.

Insider Buying and Selling

In other abrdn Asia Focus news, insider Alex Finn bought 2,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The stock was acquired at an average price of GBX 320 ($4.24) per share, with a total value of £8,000 ($10,607.27). 7.99% of the stock is owned by corporate insiders.

abrdn Asia Focus Company Profile

(Get Free Report)

A fundamental, high conviction portfolio of well-researched Asian small caps.

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