abrdn New India Investment Trust (LON:ANII) Stock Price Breaks Below 200-Day Moving Average – What’s Next?

abrdn New India Investment Trust (LON:ANII – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of GBX 704.99 and traded as low as GBX 692. abrdn New India Investment Trust shares last traded at GBX 698, with a volume of 9,307 shares changing hands.

abrdn New India Investment Trust Price Performance

The stock has a market cap of £297.12 million, a price-to-earnings ratio of -3.78 and a beta of 0.27. The stock has a fifty day simple moving average of GBX 707.85 and a 200-day simple moving average of GBX 704.99. The company has a current ratio of 0.63, a quick ratio of 0.22 and a debt-to-equity ratio of 4.00.

Insider Activity at abrdn New India Investment Trust

In other abrdn New India Investment Trust news, insider Francesca Ecsery acquired 405 shares of abrdn New India Investment Trust stock in a transaction dated Wednesday, August 5th. The stock was bought at an average cost of GBX 734 per share, with a total value of £2,972.70. 1.12% of the stock is currently owned by company insiders.

About abrdn New India Investment Trust

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