abrdn Asian Income Fund (LON:AAIF - Get Free Report) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 205.19 ($2.77) and traded as high as GBX 215 ($2.91). abrdn Asian Income Fund shares last traded at GBX 213 ($2.88), with a volume of 277,002 shares changing hands.
abrdn Asian Income Fund Trading Down 1.4%
The stock's 50 day moving average is GBX 205.13 and its two-hundred day moving average is GBX 215.33. The company has a market capitalization of £313.40 million, a PE ratio of 7.42 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 released its quarterly earnings data on Wednesday, March 26th. The company reported GBX 11.35 ($0.15) earnings per share for the quarter. abrdn Asian Income Fund had a net margin of 85.32% and a return on equity of 11.73%.
Insider Buying and Selling
In other news, insider Mark Florance purchased 2,100 shares of the firm's stock in a transaction on Wednesday, April 9th. The stock was acquired at an average cost of GBX 190 ($2.57) per share, with a total value of £3,990 ($5,391.89). 3.64% of the stock is owned by insiders.
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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