abrdn Asia Focus (LON:AAS) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

abrdn Asia Focus plc (LON:AASGet Free Report) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 406.19 and traded as high as GBX 459. abrdn Asia Focus shares last traded at GBX 457, with a volume of 72,254 shares changing hands.

abrdn Asia Focus Stock Performance

The firm has a market capitalization of £617.93 million, a PE ratio of 5.74 and a beta of 0.72. The company has a debt-to-equity ratio of 9.25, a current ratio of 0.18 and a quick ratio of 3.67. The company’s fifty day simple moving average is GBX 407.09 and its 200 day simple moving average is GBX 388.24.

abrdn Asia Focus (LON:AASGet Free Report) last released its quarterly earnings data on Monday, March 30th. The company reported GBX 2.02 EPS for the quarter. The business had revenue of GBX 479 million for the quarter. abrdn Asia Focus had a net margin of 102.94% and a return on equity of 19.85%.

About abrdn Asia Focus

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

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