abrdn (LON:ABDN) Trading Down 1.1% – Time to Sell?

abrdn plc (LON:ABDNGet Free Report) was down 1.1% during trading on Wednesday . The company traded as low as GBX 138.85 ($1.77) and last traded at GBX 139.90 ($1.78). Approximately 2,138,736 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 8,223,878 shares. The stock had previously closed at GBX 141.45 ($1.80).

abrdn Stock Down 1.1 %

The business’s 50 day simple moving average is GBX 145.48 and its 200 day simple moving average is GBX 151.69. The company has a market capitalization of £2.49 billion, a PE ratio of 822.94, a price-to-earnings-growth 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 11.74.

abrdn Company Profile

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for abrdn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn and related companies with MarketBeat.com's FREE daily email newsletter.