abrdn New India Investment Trust (LON:ANII) Stock Price Up 0.8% – Here’s What Happened

abrdn New India Investment Trust (LON:ANII) shares rose 0.8% on Friday . The stock traded as high as GBX 718 and last traded at GBX 718. 7,988 shares were traded during trading, a decline of 93% from the average session volume of 119,590 shares. The stock had previously closed at GBX 712.

abrdn New India Investment Trust Stock Performance

The company has a market capitalization of £309.66 million, a PE ratio of -3.89 and a beta of 0.17. The business’s fifty day moving average is GBX 688.46 and its two-hundred day moving average is GBX 707.99. The company has a current ratio of 0.63, a quick ratio of 0.22 and a debt-to-equity ratio of 4.00.

abrdn New India Investment Trust (LON:ANII) last issued its earnings results on Thursday, June 18th. The company reported GBX (3.36) EPS for the quarter. The business had revenue of GBX 385 million for the quarter. abrdn New India Investment Trust had a negative net margin of 2,108.76% and a negative return on equity of 24.12%.

Insiders Place Their Bets

In other abrdn New India Investment Trust news, insider Francesca Ecsery acquired 436 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The shares were bought at an average cost of GBX 684 per share, with a total value of £2,982.24. Also, insider Irina Miklavchich acquired 4,000 shares of the company’s stock in a transaction that occurred on Friday, April 17th. The shares were acquired at an average cost of GBX 700 per share, for a total transaction of £28,000. Corporate insiders own 1.09% of the company’s stock.

abrdn New India Investment Trust Company Profile

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