abrdn (LON:ABDN) Trading Down 0.6%

abrdn plc (LON:ABDN) traded down 0.6% during mid-day trading on Tuesday . The stock traded as low as GBX 154.10 ($1.94) and last traded at GBX 154.25 ($1.94). 10,779,654 shares were traded during trading, an increase of 97% from the average session volume of 5,474,666 shares. The stock had previously closed at GBX 155.20 ($1.95).

abrdn Stock Performance

The stock’s 50-day moving average is GBX 145.01 and its 200 day moving average is GBX 160.52. The stock has a market cap of £2.73 billion, a price-to-earnings ratio of -777.25, a P/E/G ratio of 12.70 and a beta of 1.30. The company has a debt-to-equity ratio of 16.15, a current ratio of 3.48 and a quick ratio of 24.97.

abrdn Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, April 30th. Stockholders of record on Thursday, March 14th were issued a GBX 7.30 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a dividend yield of 4.52%.

Insider Buying and Selling

In other news, insider Stephen Bird sold 29,942 shares of the stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of GBX 141 ($1.77), for a total value of £42,218.22 ($53,037.96). In other news, insider Stephen Bird sold 29,942 shares of the business’s stock in a transaction that occurred on Thursday, April 11th. The stock was sold at an average price of GBX 141 ($1.77), for a total transaction of £42,218.22 ($53,037.96). Also, insider Douglas J. Flint sold 36,500 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of GBX 140 ($1.76), for a total value of £51,100 ($64,195.98). 2.41% of the stock is currently owned by corporate insiders.

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.