abrdn Asia Focus (LON:AAS) Share Price Passes Above 50 Day Moving Average – What’s Next?

abrdn Asia Focus plc (LON:AASGet Free Report)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 283.30 ($3.76) and traded as high as GBX 303 ($4.02). abrdn Asia Focus shares last traded at GBX 301 ($3.99), with a volume of 826,680 shares changing hands.

abrdn Asia Focus Price Performance

The stock has a market cap of £458.58 million, a price-to-earnings ratio of 12.57 and a beta of 0.62. The firm has a fifty day moving average of GBX 283.30 and a 200 day moving average of GBX 287.86.

abrdn Asia Focus (LON:AASGet Free Report) last posted its quarterly earnings results on Monday, March 31st. The company reported GBX 2.55 ($0.03) EPS for the quarter. abrdn Asia Focus had a return on equity of 7.71% and a net margin of 66.01%.

abrdn Asia Focus Company Profile

(Get Free Report)

A fundamental, high conviction portfolio of well-researched Asian small caps.

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