Shares of abrdn Asian Income Fund (LON:AAIF - Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 205.29 ($2.75) and traded as high as GBX 213.47 ($2.86). abrdn Asian Income Fund shares last traded at GBX 213 ($2.85), with a volume of 51,738 shares traded.
abrdn Asian Income Fund Stock Down 0.9%
The business's 50 day moving average is GBX 205.29 and its 200 day moving average is GBX 215.47. The company has a market capitalization of £314.97 million, a price-to-earnings ratio of 7.46 and a beta of 0.70. The company has a debt-to-equity ratio of 8.19, a quick ratio of 0.11 and a current ratio of 0.26.
abrdn Asian Income Fund (LON:AAIF - Get Free Report) last released its earnings results on Wednesday, March 26th. The company reported GBX 11.35 ($0.15) EPS for the quarter. abrdn Asian Income Fund had a net margin of 85.32% and a return on equity of 11.73%.
Insider Activity
In related news, insider Mark Florance purchased 2,100 shares of the business's stock in a transaction that occurred on Wednesday, April 9th. The stock was bought at an average price of GBX 190 ($2.54) per share, with a total value of £3,990 ($5,343.51). Insiders own 3.64% of the company's stock.
abrdn Asian Income Fund Company Profile
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Targeting the income and growth potential of Asia's most compelling and sustainable companies.
Further Reading
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