Andrew Robson Purchases 1,500 Shares of abrdn New India Investment Trust (LON:ANII) Stock

Key Points

• Insider Andrew Robson purchased 1,500 shares of abrdn New India Investment Trust at an average cost of GBX 793 per share, totaling £11,895.
• The stock opened at GBX 786.06 and has reported a market capitalization of £381.49 million with a P/E ratio of 3.27.
• In their last quarterly earnings, the company had an earnings per share of GBX (4.24) and a net margin of 77.86%.

abrdn New India Investment Trust (LON:ANII - Get Free Report) insider Andrew Robson acquired 1,500 shares of the company's stock in a transaction that occurred on Tuesday, August 26th. The shares were bought at an average price of GBX 793 per share, for a total transaction of £11,895.

abrdn New India Investment Trust Stock Performance

Shares of ANII remained flat at GBX 784 during midday trading on Tuesday. 77,903 shares of the stock were exchanged, compared to its average volume of 80,069. The company's 50 day simple moving average is GBX 803.76 and its 200 day simple moving average is GBX 773.17. abrdn New India Investment Trust has a 52 week low of GBX 663.37 and a 52 week high of GBX 834. The stock has a market cap of £362.62 million, a price-to-earnings ratio of 1,250.60 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.

abrdn New India Investment Trust (LON:ANII - Get Free Report) last posted its earnings results on Wednesday, June 25th. The company reported GBX (4.24) earnings per share (EPS) for the quarter. abrdn New India Investment Trust had a return on equity of 26.93% and a net margin of 77.86%.

About abrdn New India Investment Trust

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