abrdn New India Investment Trust (LON:ANII) Releases Quarterly Earnings Results

abrdn New India Investment Trust (LON:ANII) announced its quarterly earnings results on Thursday. The company reported GBX (3.36) EPS for the quarter, Digital Look Earnings reports. abrdn New India Investment Trust had a net margin of 144.09% and a negative return on equity of 15.86%. The firm had revenue of GBX 385 million during the quarter.

abrdn New India Investment Trust Stock Performance

Shares of ANII stock opened at GBX 720 on Friday. abrdn New India Investment Trust has a twelve month low of GBX 606 and a twelve month high of GBX 834. The stock’s fifty day simple moving average is GBX 679.23 and its 200 day simple moving average is GBX 714.47. The company has a quick ratio of 0.22, a current ratio of 6.70 and a debt-to-equity ratio of 5.78. The firm has a market capitalization of £312.36 million, a P/E ratio of -5.61 and a beta of 0.29.

Insider Activity

In other news, insider Irina Miklavchich purchased 4,000 shares of abrdn New India Investment Trust stock in a transaction dated Friday, April 17th. The shares were bought at an average cost of GBX 700 per share, for a total transaction of £28,000. Also, insider Francesca Ecsery purchased 436 shares of abrdn New India Investment Trust stock in a transaction dated Thursday, May 7th. The shares were purchased at an average price of GBX 684 per share, for a total transaction of £2,982.24. 1.08% of the stock is currently owned by company insiders.

abrdn New India Investment Trust Company Profile

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