abrdn New India Investment Trust (LON:ANII - Get Free Report) was up 0.5% during trading on Thursday following insider buying activity. The stock traded as high as GBX 798 ($10.75) and last traded at GBX 798 ($10.75). Approximately 61,544 shares changed hands during trading, a decline of 23% from the average daily volume of 79,642 shares. The stock had previously closed at GBX 794 ($10.70).
Specifically, insider Rebecca Donaldson acquired 632 shares of the company's stock in a transaction that occurred on Tuesday, September 16th. The shares were acquired at an average cost of GBX 790 per share, for a total transaction of £4,992.80.
abrdn New India Investment Trust Trading Down 1.0%
The company has a market cap of £364.04 million, a P/E ratio of 1,263.36 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. The business's 50-day moving average price is GBX 795.44 and its 200 day moving average price is GBX 780.68.
abrdn New India Investment Trust (LON:ANII - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The company reported GBX (4.24) earnings per share (EPS) for the quarter. abrdn New India Investment Trust had a net margin of 77.86% and a return on equity of 26.93%.
About abrdn New India Investment Trust
(
Get Free Report)
Looking for world-class, well governed companies at the heart of India's growth story
See Also
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
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
