Shares of abrdn New India Investment Trust (LON:ANII – Get Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 762.29 ($9.85) and traded as low as GBX 699.87 ($9.05). abrdn New India Investment Trust shares last traded at GBX 706 ($9.12), with a volume of 94,855 shares changing hands.
abrdn New India Investment Trust Stock Performance
The company has a current ratio of 0.47, a quick ratio of 0.22 and a debt-to-equity ratio of 3.98. The company has a market cap of £342.64 million, a P/E ratio of 2.93 and a beta of 0.46. The company has a 50 day moving average price of GBX 762.29 and a 200-day moving average price of GBX 782.21.
Insider Activity at abrdn New India Investment Trust
In related news, insider Irina Miklavchich bought 2,000 shares of the firm’s stock in a transaction on Wednesday, January 15th. The shares were purchased at an average price of GBX 788 ($10.18) per share, with a total value of £15,760 ($20,369.65). 6.17% of the stock is currently owned by insiders.
About abrdn New India Investment Trust
Looking for world-class, well governed companies at the heart of India’s growth story
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