abrdn Asia Focus (LON:AAS) Shares Pass Above Fifty Day Moving Average - What's Next?

abrdn Asia Focus plc (LON:AAS - Get Free Report)'s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 293.29 ($3.94) and traded as high as GBX 319 ($4.29). abrdn Asia Focus shares last traded at GBX 318 ($4.28), with a volume of 105,201 shares traded.

abrdn Asia Focus Stock Down 0.3%

The stock has a market capitalization of £477.51 million, a price-to-earnings ratio of 13.09 and a beta of 0.62. The company's 50-day moving average is GBX 296.56 and its 200-day moving average is GBX 292.53.

abrdn Asia Focus (LON:AAS - Get Free Report) last announced its quarterly earnings results 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%.

Insiders Place Their Bets

In related news, insider Alex Finn purchased 2,500 shares of the company's stock in a transaction on Wednesday, June 18th. The stock was acquired at an average cost of GBX 320 ($4.30) per share, for a total transaction of £8,000 ($10,758.47). 7.99% of the stock is owned by insiders.

abrdn Asia Focus Company Profile

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