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abrdn Asia Focus (LON:AAS) Hits New 52-Week High - What's Next?

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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.
  • MarketBeat previews top five stocks to own in November.

Shares of abrdn Asia Focus plc (LON:AAS - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 352 ($4.77) and last traded at GBX 351 ($4.76), with a volume of 96310 shares traded. The stock had previously closed at GBX 349.85 ($4.75).

abrdn Asia Focus Trading Down 0.3%

The stock has a market cap of £518.37 million, a P/E ratio of 739.90 and a beta of 0.62. The firm has a 50-day simple moving average of GBX 343.08 and a two-hundred day simple moving average of GBX 311.52.

Insiders Place Their Bets

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

About abrdn Asia Focus

(Get Free Report)

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

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