abrdn plc (LON:ABDN - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as GBX 196.50 ($2.67) and last traded at GBX 196.32 ($2.66), with a volume of 25112744 shares. The stock had previously closed at GBX 184 ($2.50).
Analyst Upgrades and Downgrades
Separately, Citigroup upped their price target on shares of abrdn from GBX 140 ($1.90) to GBX 172 ($2.33) and gave the company a "neutral" rating in a research report on Thursday, March 6th.
Check Out Our Latest Stock Report on ABDN
abrdn Stock Down 2.9%
The firm's fifty day moving average price is GBX 158.91 and its two-hundred day moving average price is GBX 153.62. The stock has a market cap of £3.32 billion, a price-to-earnings ratio of 10.56, a price-to-earnings-growth ratio of 12.70 and a beta of 1.25. The company has a debt-to-equity ratio of 12.25, a current ratio of 225.80 and a quick ratio of 24.97.
Insider Activity
In related news, insider Jason Windsor sold 84,587 shares of the company's stock in a transaction dated Tuesday, March 25th. The shares were sold at an average price of GBX 169 ($2.29), for a total value of £142,952.03 ($193,964.76). Company insiders own 2.41% of the company's stock.
abrdn Company Profile
(
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aberdeen is a Wealth & Investments group that connects investors to the expertise, tools, and solutions they need to grow and manage their wealth with confidence.
We are structured around three businesses – interactive investor, Adviser and Investments. As a diversified group, we have positioned ourselves for growth in a changing investment landscape.
Further Reading
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