Free Trial

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

Abrdn logo with Finance background
Image from MarketBeat Media, LLC.

Key Points

  • Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) hit a new 52-week high on Monday, trading as high as $12.65 and closing at that level for the session.
  • The stock rose from a previous close of $11.40, with relatively light volume of 300 shares traded during the day.
  • Abrdn’s balance sheet appears stable, with a debt-to-equity ratio of 0.11 and both its quick ratio and current ratio at 2.10.
  • Five stocks we like better than Abrdn.

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $12.65 and last traded at $12.65, with a volume of 300 shares traded. The stock had previously closed at $11.40.

Abrdn Price Performance

The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.10 and a current ratio of 2.10. The firm has a 50-day moving average of $11.12 and a 200-day moving average of $11.17.

About Abrdn

(Get Free Report)

Abrdn plc is a global investment management company headquartered in Edinburgh, Scotland. Operating under the ticker OTCMKTS:SLFPY in the over-the-counter market, the firm delivers a broad range of financial products and services to institutional, wholesale and retail clients. Its offerings span equity, fixed income, multi-asset, real estate and private markets, with a focus on active management and thematic investing strategies.

The company's core business activities include the management of pooled and segregated funds, advisory services and model portfolio solutions.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Abrdn Right Now?

Before you consider Abrdn, 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 wasn't on the list.

While Abrdn currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

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.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines