abrdn Private Equity Opportunities (LON:APEO) Hits New 52-Week High at $550.00

abrdn Private Equity Opportunities (LON:APEO)’s share price reached a new 52-week high on Monday . The stock traded as high as GBX 550 ($6.79) and last traded at GBX 547.72 ($6.77), with a volume of 208195 shares changing hands. The stock had previously closed at GBX 546 ($6.74).

abrdn Private Equity Opportunities Price Performance

The company has a market cap of £858.82 million, a price-to-earnings ratio of 1,397.50 and a beta of 0.78. The company has a quick ratio of 1.06, a current ratio of 0.37 and a debt-to-equity ratio of 8.44. The company’s fifty day moving average price is GBX 533.44 and its two-hundred day moving average price is GBX 483.51.

abrdn Private Equity Opportunities Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, April 26th. Stockholders of record on Thursday, March 21st will be issued a GBX 4.20 ($0.05) dividend. This represents a dividend yield of 0.81%. The ex-dividend date is Thursday, March 21st. This is a boost from abrdn Private Equity Opportunities’s previous dividend of $4.00. abrdn Private Equity Opportunities’s dividend payout ratio is 4,250.00%.

Insider Transactions at abrdn Private Equity Opportunities

In other news, insider Alan Devine sold 3,705 shares of the business’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of GBX 540 ($6.67), for a total value of £20,007 ($24,712.20). 3.73% of the stock is currently owned by insiders.

About abrdn Private Equity Opportunities

Abrdn Private Equity Opportunities Trust plc specializes in fund of funds and direct investments. It seeks to invest in mid-market buyouts and expansion capital. It focuses on investments in technology, healthcare, industrials, consumer discretionary, consumer staples, oil and gas services, financials, educational publishing, aero-engineering, and capital goods outside Europe.