abrdn Asia Focus (LON:AAS) Stock Crosses Above 50-Day Moving Average – Here’s Why

abrdn Asia Focus plc (LON:AASGet Free Report)’s share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 411.70 and traded as high as GBX 443.15. abrdn Asia Focus shares last traded at GBX 438.01, with a volume of 507,747 shares.

abrdn Asia Focus Price Performance

The company’s 50-day moving average price is GBX 411.70 and its two-hundred day moving average price is GBX 390.31. The company has a market cap of £608.22 million, a P/E ratio of 5.65 and a beta of 0.77. The company has a current ratio of 0.18, a quick ratio of 3.67 and a debt-to-equity ratio of 9.25.

abrdn Asia Focus (LON:AASGet Free Report) last announced its quarterly earnings data on Monday, March 30th. The company reported GBX 2.02 earnings per share for the quarter. abrdn Asia Focus had a net margin of 102.94% and a return on equity of 19.85%. The business had revenue of GBX 479 million during the quarter.

About abrdn Asia Focus

(Get Free Report)

A fundamental, high conviction portfolio of well-researched Asian small caps.

Featured Stories

Receive News & Ratings for abrdn Asia Focus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Asia Focus and related companies with MarketBeat.com's FREE daily email newsletter.