abrdn Diversified Income & Growth (LON:ADIG) Shares Up 1.4% – Here’s What Happened

abrdn Diversified Income & Growth (LON:ADIG)’s share price shot up 1.4% during trading on Tuesday . The stock traded as high as GBX 43.79 ($0.55) and last traded at GBX 43.69 ($0.55). 62,538 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 664,945 shares. The stock had previously closed at GBX 43.10 ($0.54).

abrdn Diversified Income & Growth Stock Performance

The company has a quick ratio of 1.70, a current ratio of 3.12 and a debt-to-equity ratio of 5.75. The business has a 50 day moving average price of GBX 42.92 and a two-hundred day moving average price of GBX 48.33. The stock has a market cap of £132.56 million, a P/E ratio of -2,200.00 and a beta of 0.31.

abrdn Diversified Income & Growth Company Profile

Abrdn Diversified Income And Growth Plc is a closed ended balanced mutual fund launched by BlackRock Fund Managers Limited. The fund is co-managed by BlackRock Investment Management (UK) Limited and Aberdeen Fund Managers Limited. It invests in public equity and fixed income markets across the globe.