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abrdn New India Investment Trust (LON:ANII) Shares Up 0.2% - Time to Buy?

abrdn New India Investment Trust logo with Financial Services background

Shares of abrdn New India Investment Trust (LON:ANII - Get Free Report) shot up 0.2% during trading on Tuesday . The company traded as high as GBX 816 ($11.11) and last traded at GBX 810 ($11.03). 16,914 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 98,245 shares. The stock had previously closed at GBX 808 ($11.00).

abrdn New India Investment Trust Stock Up 0.2%

The business's 50-day moving average is GBX 788.76 and its two-hundred day moving average is GBX 769.09. The firm has a market capitalization of £393.11 million, a price-to-earnings ratio of 3.37 and a beta of 0.46. The company has a debt-to-equity ratio of 3.98, a quick ratio of 0.22 and a current ratio of 0.47.

abrdn New India Investment Trust Company Profile

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Looking for world-class, well governed companies at the heart of India's growth story

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