abrdn Asia Focus (LON:AAS) Reaches New 12-Month High - Here's Why

Key Points

• abrdn Asia Focus plc's shares reached a new 52-week high of GBX 346.35 ($4.66) during trading, reflecting an increase from the previous close of GBX 345.10 ($4.64).
• The company's market capitalization stands at £523.37 million with a price-to-earnings ratio of 14.35.
• Insider Alex Finn purchased 2,500 shares at an average price of GBX 320 ($4.30), indicating insider confidence as they now hold 7.99% of the company's stock.

Shares of abrdn Asia Focus plc (LON:AAS - ) hit a new 52-week high during trading on Monday . The stock traded as high as GBX 346.35 ($4.66) and last traded at GBX 346.35 ($4.66), with a volume of 4270 shares traded. The stock had previously closed at GBX 345.10 ($4.64).

abrdn Asia Focus Price Performance

The firm's 50-day moving average is GBX 326.36 and its 200 day moving average is GBX 302.10. The stock has a market cap of £523.37 million, a price-to-earnings ratio of 14.35 and a beta of 0.62.

Insider Transactions at abrdn Asia Focus

In other abrdn Asia Focus news, insider Alex Finn acquired 2,500 shares of the firm's stock in a transaction on Wednesday, June 18th. The stock was bought at an average cost of GBX 320 ($4.30) per share, for a total transaction of £8,000 ($10,755.58). 7.99% of the stock is currently owned by corporate insiders.

abrdn Asia Focus Company Profile

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

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