abrdn Asian Income Fund (LON:AAIF - Get Free Report)'s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 212.24 ($2.91) and traded as high as GBX 226 ($3.10). abrdn Asian Income Fund shares last traded at GBX 226 ($3.10), with a volume of 112,491 shares.
abrdn Asian Income Fund Price Performance
The stock has a market capitalization of £335.79 million, a price-to-earnings ratio of 7.95 and a beta of 0.70. The company has a 50 day moving average of GBX 212.66 and a 200 day moving average of GBX 214.94. The company has a quick ratio of 0.11, a current ratio of 0.26 and a debt-to-equity ratio of 8.19.
Insider Buying and Selling
In related news, insider Mark Florance acquired 2,100 shares of the business's stock in a transaction dated Wednesday, April 9th. The shares were acquired at an average cost of GBX 190 ($2.61) per share, for a total transaction of £3,990 ($5,479.26). 3.64% of the stock is owned by company 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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