Insider Buying: abrdn New India Investment Trust (LON:ANII) Insider Purchases £2,972.70 in Stock

abrdn New India Investment Trust (LON:ANII) insider Francesca Ecsery bought 405 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were acquired at an average price of GBX 734 per share, with a total value of £2,972.70.

Francesca Ecsery also recently made the following trade(s):

• On Thursday, May 7th, Francesca Ecsery purchased 436 shares of abrdn New India Investment Trust stock. The stock was acquired at an average cost of GBX 684 per share, with a total value of £2,982.24.

abrdn New India Investment Trust Stock Performance

Shares of abrdn New India Investment Trust stock opened at GBX 738 on Friday. The firm has a market capitalization of £317.03 million, a P/E ratio of -3.99 and a beta of 0.29. abrdn New India Investment Trust has a 52 week low of GBX 606 and a 52 week high of GBX 820. The company has a quick ratio of 0.22, a current ratio of 0.63 and a debt-to-equity ratio of 4.00. The firm’s 50 day moving average is GBX 707.71 and its two-hundred day moving average is GBX 700.62.

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

About abrdn New India Investment Trust

Looking for world-class, well governed companies at the heart of India’s growth story