abrdn New India Investment Trust (LON:ANII) Trading Down 1.5% - Should You Sell?

Key Points

• The abrdn New India Investment Trust (LON:ANII) shares fell by 1.5% during mid-day trading, closing at GBX 778 ($10.46).
• The company has a debt-to-equity ratio of 3.98 and a current ratio of 0.47, indicating potential liquidity concerns.
• In its latest earnings report, the company recorded an EPS of GBX (4.24) (($0.06)) with a net margin of 77.86% and a return on equity of 26.93%.

abrdn New India Investment Trust (LON:ANII - Get Free Report) fell 1.5% during mid-day trading on Friday . The stock traded as low as GBX 778 ($10.46) and last traded at GBX 778 ($10.46). 29,546 shares were traded during trading, a decline of 65% from the average session volume of 84,147 shares. The stock had previously closed at GBX 790 ($10.63).

abrdn New India Investment Trust Price Performance

The firm's 50-day moving average is GBX 810.07 and its 200-day moving average is GBX 769.64. The company has a debt-to-equity ratio of 3.98, a current ratio of 0.47 and a quick ratio of 0.22. The company has a market capitalization of £377.58 million, a P/E ratio of 3.23 and a beta of 0.46.

abrdn New India Investment Trust (LON:ANII - Get Free Report) last announced its earnings results on Wednesday, June 25th. The company reported GBX (4.24) (($0.06)) 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%.

abrdn New India Investment Trust Company Profile

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

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