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abrdn Asia Focus (LON:AAS) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

abrdn Asia Focus logo with Financial Services background

Key Points

  • The stock price of abrdn Asia Focus plc (LON:AAS) fell below its 50-day moving average on Friday, trading as low as GBX 352.74 ($4.74).
  • With a market cap of £512.31 million and a P/E ratio of 737.82, the stock has shown a steady performance in trading volume.
  • The company maintains a portfolio focused on well-researched Asian small-cap stocks, reflecting its investment strategy and market positioning.
  • MarketBeat previews the top five stocks to own by November 1st.

abrdn Asia Focus plc (LON:AAS - Get Free Report)'s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 355.24 ($4.77) and traded as low as GBX 352.74 ($4.74). abrdn Asia Focus shares last traded at GBX 356 ($4.78), with a volume of 83,239 shares traded.

abrdn Asia Focus Stock Performance

The stock has a market cap of £512.31 million, a P/E ratio of 737.82 and a beta of 0.62. The business has a 50 day simple moving average of GBX 355.24 and a 200-day simple moving average of GBX 323.43.

abrdn Asia Focus Company Profile

(Get Free Report)

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

Further Reading

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