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

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.

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

Abrdn Price Performance

The firm has a 50-day moving average of $10.53 and a 200-day moving average of $8.98. 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

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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