abrdn Asian Income Fund (LON:AAIF - Get Free Report) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 205.40 ($2.80) and traded as high as GBX 224 ($3.05). abrdn Asian Income Fund shares last traded at GBX 220 ($3.00), with a volume of 166,247 shares.
abrdn Asian Income Fund Price Performance
The stock has a market cap of £329.82 million, a price-to-earnings ratio of 7.81 and a beta of 0.70. The company has a 50-day moving average of GBX 206.52 and a 200-day moving average of GBX 214.88. 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) earnings per share (EPS) for the quarter. abrdn Asian Income Fund had a return on equity of 11.73% and a net margin of 85.32%.
Insider Transactions at abrdn Asian Income Fund
In related news, insider Mark Florance bought 2,100 shares of abrdn Asian Income Fund stock in a transaction that occurred on Wednesday, April 9th. The shares were purchased at an average price of GBX 190 ($2.59) per share, with a total value of £3,990 ($5,432.27). Corporate insiders own 3.64% of the company's stock.
About abrdn Asian Income Fund
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Targeting the income and growth potential of Asia's most compelling and sustainable companies.
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