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abrdn Asia Focus (LON:AAS) Reaches New 1-Year High - Should You Buy?

abrdn Asia Focus logo with Financial Services background

Shares of abrdn Asia Focus plc (LON:AAS - Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 319 ($4.30) and last traded at GBX 318 ($4.28), with a volume of 105201 shares changing hands. The stock had previously closed at GBX 317 ($4.27).

abrdn Asia Focus Trading Down 0.3%

The firm's 50-day moving average price is GBX 295.52 and its 200 day moving average price is GBX 292.27. The company has a market capitalization of £477.51 million, a price-to-earnings ratio of 13.09 and a beta of 0.62.

abrdn Asia Focus (LON:AAS - Get Free Report) last announced its quarterly earnings data on Monday, March 31st. The company reported GBX 2.55 ($0.03) earnings per share (EPS) for the quarter. abrdn Asia Focus had a net margin of 66.01% and a return on equity of 7.71%.

Insider Activity

In related news, insider Alex Finn bought 2,500 shares of the company's stock in a transaction dated Wednesday, June 18th. The stock was purchased at an average price of GBX 320 ($4.31) per share, with a total value of £8,000 ($10,772.96). Corporate insiders own 7.99% of the company's stock.

About abrdn Asia Focus

(Get Free Report)

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

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