abrdn New India Investment Trust (LON:ANII – Get Free Report)’s stock price fell 1.6% on Tuesday . The company traded as low as GBX 742 ($9.72) and last traded at GBX 744 ($9.75). 64,496 shares were traded during trading, a decline of 48% from the average session volume of 124,364 shares. The stock had previously closed at GBX 756 ($9.91).
abrdn New India Investment Trust Stock Performance
The stock’s fifty day simple moving average is GBX 733.48 and its two-hundred day simple moving average is GBX 772.46. The company has a market cap of £357.20 million, a price-to-earnings ratio of 3.06 and a beta of 0.46. The company has a debt-to-equity ratio of 3.98, a quick ratio of 0.22 and a current ratio of 0.47.
Insider Buying and Selling
In other abrdn New India Investment Trust news, insider Irina Miklavchich purchased 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 15th. The shares were purchased at an average price of GBX 788 ($10.32) per share, for a total transaction of £15,760 ($20,649.90). Corporate insiders own 6.17% of the company’s stock.
About abrdn New India Investment Trust
Looking for world-class, well governed companies at the heart of India’s growth story
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