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abrdn Asia Focus (LON:AAS) Shares Pass Above 200-Day Moving Average - Here's What Happened

abrdn Asia Focus logo with Financial Services background

abrdn Asia Focus plc (LON:AAS - Get Free Report)'s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 295.67 ($4.02) and traded as high as GBX 329 ($4.47). abrdn Asia Focus shares last traded at GBX 328 ($4.46), with a volume of 290,751 shares.

abrdn Asia Focus Trading Up 0.6%

The company has a market cap of £498.67 million, a P/E ratio of 13.67 and a beta of 0.62. The business's 50 day simple moving average is GBX 308.76 and its 200 day simple moving average is GBX 295.67.

Insider Activity

In other news, insider Alex Finn bought 2,500 shares of the stock in a transaction that occurred on Wednesday, June 18th. The shares were bought at an average price of GBX 320 ($4.35) per share, for a total transaction of £8,000 ($10,872.52). 7.99% of the stock is currently owned by company insiders.

abrdn Asia Focus Company Profile

(Get Free Report)

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

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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