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

Key Points

• abrdn Asia Focus plc reached a new 52-week high, trading at GBX 352 ($4.75), with a closing price of GBX 351 ($4.73) and a volume of 96,310 shares.
• The firm has a current market cap of £509.66 million and a price-to-earnings ratio of 727.46.
• Insider Alex Finn purchased 2,500 shares at GBX 320 each, indicating insider confidence with only 0.10% of the stock owned by corporate insiders.

abrdn Asia Focus plc (LON:AAS - ) reached a new 52-week high on Monday . The stock traded as high as GBX 352 ($4.75) and last traded at GBX 351 ($4.73), with a volume of 96310 shares. The stock had previously closed at GBX 349.85 ($4.72).

abrdn Asia Focus Trading Up 0.3%

The firm has a market cap of £509.66 million, a price-to-earnings ratio of 727.46 and a beta of 0.62. The firm has a 50-day moving average of GBX 340.04 and a two-hundred day moving average of GBX 309.61.

Insider Transactions at abrdn Asia Focus

In other news, insider Alex Finn purchased 2,500 shares of the stock in a transaction that occurred on Wednesday, June 18th. The shares were purchased at an average cost of GBX 320 per share, for a total transaction of £8,000. 0.10% of the stock is owned by corporate insiders.

abrdn Asia Focus Company Profile

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

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