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Abrdn (OTCMKTS:SLFPY) Hits New 12-Month High - Here's Why

Abrdn logo with Finance background

Key Points

  • Abrdn PLC's stock price hit a new 52-week high, reaching $11.10 during trading on Monday before closing at $10.94.
  • The company has strong liquidity ratios, including a quick ratio and current ratio of 1.92, alongside a low debt-to-equity ratio of 0.12.
  • Abrdn provides a wide range of asset management services across various regions, including investment solutions and life insurance products for both individual and corporate clients.
  • Interested in Abrdn? Here are five stocks we like better.

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY - Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $11.10 and last traded at $10.94, with a volume of 1428 shares changing hands. The stock had previously closed at $10.79.

Abrdn Price Performance

The company has a 50 day moving average price of $10.63 and a two-hundred day moving average price of $9.08. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.92 and a current ratio of 1.92.

About Abrdn

(Get Free Report)

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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