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Rebecca Donaldson Acquires 632 Shares of abrdn New India Investment Trust (LON:ANII) Stock

abrdn New India Investment Trust logo with Financial Services background

Key Points

  • Rebecca Donaldson acquired 632 shares of abrdn New India Investment Trust (LON:ANII) at an average price of GBX 790, totaling £4,992.80, indicating insider confidence in the company's prospects.
  • The company has a market cap of £362.66 million and reported a net margin of 77.86% along with a high PE ratio of 1,258.57 during its last quarterly earnings.
  • abrdn New India Investment Trust has a twelve-month trading range of GBX 663.37 to GBX 834, highlighting its recent volatility and potential for growth.
  • MarketBeat previews top five stocks to own in November.

abrdn New India Investment Trust (LON:ANII - Get Free Report) insider Rebecca Donaldson acquired 632 shares of abrdn New India Investment Trust stock in a transaction dated Tuesday, September 16th. The shares were purchased at an average price of GBX 790 per share, with a total value of £4,992.80.

abrdn New India Investment Trust Stock Performance

Shares of LON:ANII traded up GBX 2 during trading on Friday, reaching GBX 800. 50,205 shares of the stock were exchanged, compared to its average volume of 79,480. The company has a current ratio of 0.47, a quick ratio of 0.22 and a debt-to-equity ratio of 3.98. abrdn New India Investment Trust has a 12 month low of GBX 663.37 and a 12 month high of GBX 834. The stock has a 50-day moving average price of GBX 795.44 and a 200-day moving average price of GBX 780.14. The firm has a market cap of £367.72 million, a PE ratio of 1,276.12 and a beta of 0.46.

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

About abrdn New India Investment Trust

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