abrdn Private Equity Opportunities Trust (LON:APEO) Hits New 12-Month High at $550.00

Posted by ABMN Staff on Apr 17th, 2024

abrdn Private Equity Opportunities Trust plc (LON:APEO – Get Free Report) shares hit a new 52-week high on Monday . The stock traded as high as GBX 550 ($6.85) and last traded at GBX 550 ($6.85), with a volume of 17168 shares. The stock had previously closed at GBX 549 ($6.83).

abrdn Private Equity Opportunities Trust Stock Up 0.9 %

The company has a debt-to-equity ratio of 8.44, a current ratio of 0.37 and a quick ratio of 1.06. The firm’s 50-day simple moving average is GBX 530.14 and its two-hundred day simple moving average is GBX 479.47. The company has a market capitalization of £828.14 million, a price-to-earnings ratio of 1,342.63 and a beta of 0.78.

abrdn Private Equity Opportunities Trust Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, April 26th. Shareholders of record on Thursday, March 21st will be given a dividend of GBX 4.20 ($0.05) per share. This is a positive change from abrdn Private Equity Opportunities Trust’s previous dividend of $4.00. This represents a yield of 0.81%. The ex-dividend date of this dividend is Thursday, March 21st. abrdn Private Equity Opportunities Trust’s dividend payout ratio is presently 4,250.00%.

Insiders Place Their Bets

In other abrdn Private Equity Opportunities Trust news, insider Alan Devine sold 3,705 shares of the company’s stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of GBX 540 ($6.72), for a total transaction of £20,007 ($24,906.01). 3.73% of the stock is currently owned by company insiders.

About abrdn Private Equity Opportunities Trust

(Get Free Report)

Abrdn Private Equity Opportunities Trust plc specializes in fund of funds and direct investments. It seeks to invest in mid-market buyouts and expansion capital. It focuses on investments in technology, healthcare, industrials, consumer discretionary, consumer staples, oil and gas services, financials, educational publishing, aero-engineering, and capital goods outside Europe.