Shares of abrdn New India Investment Trust (LON:ANII - Get Free Report) shot up 0.5% during mid-day trading on Thursday . The company traded as high as GBX 824 ($11.06) and last traded at GBX 824 ($11.06). 26,427 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 89,469 shares. The stock had previously closed at GBX 820 ($11.01).
abrdn New India Investment Trust Trading Up 0.5%
The company has a current ratio of 0.47, a quick ratio of 0.22 and a debt-to-equity ratio of 3.98. The stock has a 50-day simple moving average of GBX 804.75 and a 200 day simple moving average of GBX 769.75. The company has a market cap of £399.90 million, a price-to-earnings ratio of 3.43 and a beta of 0.46.
abrdn New India Investment Trust (LON:ANII - Get Free Report) last announced its quarterly earnings data on Wednesday, June 25th. The company reported GBX (4.24) (($0.06)) EPS for the quarter. abrdn New India Investment Trust had a net margin of 77.86% and a return on equity of 26.93%.
abrdn New India Investment Trust Company Profile
(
Get Free Report)
Looking for world-class, well governed companies at the heart of India's growth story
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider abrdn New India Investment Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and abrdn New India Investment Trust wasn't on the list.
While abrdn New India Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
