abrdn plc (LON:ABDN – Get Free Report)’s share price rose 13.7% on Tuesday . The company traded as high as GBX 184.75 ($2.35) and last traded at GBX 184.25 ($2.34). Approximately 6,302,104 shares traded hands during mid-day trading, a decline of 4% from the average daily volume of 6,597,496 shares. The stock had previously closed at GBX 162 ($2.06).
abrdn Trading Up 11.4 %
The business’s 50 day simple moving average is GBX 147.98 and its two-hundred day simple moving average is GBX 147.72. The stock has a market cap of £3.23 billion, a P/E ratio of 10.26, a PEG ratio of 12.70 and a beta of 1.25. The company has a quick ratio of 24.97, a current ratio of 225.80 and a debt-to-equity ratio of 12.25.
Insider Buying and Selling
In other abrdn news, insider Jason Windsor acquired 357,635 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average price of GBX 139 ($1.77) per share, for a total transaction of £497,112.65 ($631,735.48). 2.41% of the stock is currently owned by corporate insiders.
About abrdn
abrdn is a global investment company that helps clients and customers plan, save, and invest for the future.
Our purpose is to enable our clients to be better investors.
Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and interactive investor – focused on the changing needs of our clients.
The capabilities in our Investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge.
Our Adviser business provides financial planning solutions and technology for UK financial advisers, enabling them to create value for their businesses and their clients.
interactive investor, the UK’s second largest direct-to-consumer investment platform, enables individuals in the UK to plan, save and invest in the way that works for them.
abrdn.com
The value of investments and the income from them can go down as well as up and investors may get back less than the amount invested.
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