Shares of abrdn plc (LON:ABDN – Get Free Report) reached a new 52-week low on Tuesday after an insider sold shares in the company. The stock traded as low as GBX 136.05 ($1.69) and last traded at GBX 137 ($1.71), with a volume of 1543937 shares changing hands. The stock had previously closed at GBX 141.05 ($1.76).
Specifically, insider Stephen Bird sold 29,942 shares of the company’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of GBX 141 ($1.76), for a total transaction of £42,218.22 ($52,555.98). In other news, insider Douglas J. Flint sold 36,500 shares of the stock in a transaction on Friday, March 15th. The shares were sold at an average price of GBX 140 ($1.74), for a total value of £51,100 ($63,612.60). Also, insider Stephen Bird sold 29,942 shares of the stock in a transaction on Thursday, April 11th. The shares were sold at an average price of GBX 141 ($1.76), for a total transaction of £42,218.22 ($52,555.98). 2.43% of the stock is owned by insiders.
abrdn Stock Down 3.0 %
The company has a market cap of £2.44 billion, a PE ratio of -777.25, a P/E/G ratio of 12.70 and a beta of 1.30. The company’s 50 day moving average is GBX 150.20 and its 200 day moving average is GBX 161.94. The company has a current ratio of 3.48, a quick ratio of 24.97 and a debt-to-equity ratio of 16.15.
abrdn Dividend Announcement
About abrdn
abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.
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