abrdn Asian Income Fund (LON:AAIF - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 209.52 ($2.84) and traded as high as GBX 225 ($3.05). abrdn Asian Income Fund shares last traded at GBX 220 ($2.98), with a volume of 91,086 shares traded.
abrdn Asian Income Fund Stock Down 1.4%
The business has a 50-day moving average price of GBX 210.38 and a 200-day moving average price of GBX 214.87. The company has a market capitalization of £326.83 million, a price-to-earnings ratio of 7.74 and a beta of 0.70. The company has a quick ratio of 0.11, a current ratio of 0.26 and a debt-to-equity ratio of 8.19.
abrdn Asian Income Fund (LON:AAIF - Get Free Report) last announced 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 Activity
In other news, insider Mark Florance bought 2,100 shares of the stock in a transaction on Wednesday, April 9th. The shares were purchased at an average price of GBX 190 ($2.57) per share, for a total transaction of £3,990 ($5,402.11). 3.64% of the stock is currently owned by corporate insiders.
abrdn Asian Income Fund Company Profile
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Targeting the income and growth potential of Asia's most compelling and sustainable companies.
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