abrdn Asia Focus (LON:AAS) Stock Price Crosses 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 Thursday . The stock has a fifty day moving average of GBX 368.03 and traded as high as GBX 383. abrdn Asia Focus shares last traded at GBX 383, with a volume of 303,977 shares changing hands.

abrdn Asia Focus Trading Down 0.8%

The company has a market capitalization of £535.82 million, a P/E ratio of 6.61 and a beta of 0.62. The company has a 50 day moving average price of GBX 368.29 and a 200 day moving average price of GBX 359.17.

abrdn Asia Focus (LON:AASGet Free Report) last announced its quarterly earnings results on Thursday, October 23rd. The company reported GBX 7.44 earnings per share (EPS) for the quarter. abrdn Asia Focus had a return on equity of 7.71% and a net margin of 66.01%.

Insider Activity at abrdn Asia Focus

In other news, insider Charlotte Black acquired 2,500 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were purchased at an average cost of GBX 378 per share, with a total value of £9,450. Also, insider Alex Finn bought 4,000 shares of the stock in a transaction dated Tuesday, November 4th. The shares were acquired at an average cost of GBX 378 per share, for a total transaction of £15,120. 0.08% of the stock is currently owned by corporate insiders.

About abrdn Asia Focus

(Get Free Report)

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

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