abrdn Asian Income Fund (LON:AAIF) Share Price Passes Above Fifty Day Moving Average – Here’s Why

abrdn Asian Income Fund (LON:AAIFGet Free Report)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 263.02 and traded as high as GBX 284. abrdn Asian Income Fund shares last traded at GBX 277, with a volume of 274,504 shares changing hands.

abrdn Asian Income Fund Stock Down 0.4%

The company has a debt-to-equity ratio of 8.19, a current ratio of 0.26 and a quick ratio of 0.11. The company has a market cap of £393.17 million, a PE ratio of 24.16 and a beta of 0.70. The company has a fifty day moving average price of GBX 263.02 and a 200 day moving average price of GBX 251.47.

abrdn Asian Income Fund Company Profile

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Targeting the income and growth potential of Asia’s most compelling and sustainable companies.

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