abrdn Asia Focus (LON:AAS) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of abrdn Asia Focus plc (LON:AASGet Free Report) passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 419.54 and traded as high as GBX 447. abrdn Asia Focus shares last traded at GBX 440, with a volume of 90,502 shares traded.

abrdn Asia Focus Stock Down 0.3%

The firm’s 50-day moving average is GBX 422.16 and its two-hundred day moving average is GBX 394.48. The company has a debt-to-equity ratio of 9.25, a quick ratio of 3.67 and a current ratio of 0.18. The stock has a market cap of £609.23 million, a P/E ratio of 5.66 and a beta of 0.77.

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

abrdn Asia Focus Company Profile

(Get Free Report)

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

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