abrdn New India Investment Trust (LON:ANII – Get Free Report)’s share price shot up 0.5% on Tuesday . The company traded as high as GBX 814 ($10.32) and last traded at GBX 812 ($10.29). 50,960 shares were traded during mid-day trading, a decline of 32% from the average session volume of 74,671 shares. The stock had previously closed at GBX 808 ($10.24).
abrdn New India Investment Trust Price Performance
The company has a current ratio of 0.31, a quick ratio of 0.22 and a debt-to-equity ratio of 6.08. The stock has a market cap of £400.70 million, a price-to-earnings ratio of 472.19 and a beta of 0.46. The stock has a 50-day moving average price of GBX 782.19 and a two-hundred day moving average price of GBX 786.82.
abrdn New India Investment Trust Company Profile
Aberdeen New India Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.
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