Asia Dragon Trust (LON:DGN) Stock Price Down 3.1%

Asia Dragon Trust plc (LON:DGNGet Free Report) shares were down 3.1% on Tuesday . The stock traded as low as GBX 346 ($4.31) and last traded at GBX 346 ($4.31). Approximately 127,519 shares were traded during mid-day trading, a decline of 47% from the average daily volume of 241,705 shares. The stock had previously closed at GBX 357 ($4.44).

Asia Dragon Trust Trading Down 3.1 %

The company has a fifty day moving average of GBX 353.33 and a two-hundred day moving average of GBX 346.74. The company has a current ratio of 0.33, a quick ratio of 0.17 and a debt-to-equity ratio of 8.35. The stock has a market capitalization of £556.61 million, a price-to-earnings ratio of -388.76 and a beta of 0.55.

About Asia Dragon Trust

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Edinburgh Dragon Trust Plc is closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of the Asia Pacific region, excluding Japan and Australasia. It seeks to invest in stocks of companies operating across diversified sectors.

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