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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

Shares of abrdn Asia Focus plc (LON:AAS - Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 329 ($4.47) and last traded at GBX 328 ($4.46), with a volume of 290751 shares traded. The stock had previously closed at GBX 325 ($4.42).

abrdn Asia Focus Price Performance

The firm has a market cap of £500.18 million, a P/E ratio of 13.71 and a beta of 0.62. The business's 50-day moving average is GBX 308.76 and its two-hundred day moving average is GBX 295.67.

Insider Activity at abrdn Asia Focus

In other news, insider Alex Finn acquired 2,500 shares of the firm's stock in a transaction dated Wednesday, June 18th. The stock was bought at an average price of GBX 320 ($4.35) per share, with a total value of £8,000 ($10,868.09). 7.99% of the stock is currently owned by company insiders.

About abrdn Asia Focus

(Get Free Report)

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

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