abrdn New India Investment Trust (LON:ANII – Get Free Report) shares shot up 0.5% during mid-day trading on Thursday following insider buying activity. The company traded as high as GBX 798 ($10.82) and last traded at GBX 798 ($10.82). 61,544 shares changed hands during trading, a decline of 23% from the average session volume of 79,642 shares. The stock had previously closed at GBX 794 ($10.76).
Specifically, insider Rebecca Donaldson bought 632 shares of the company’s stock in a transaction on Tuesday, September 16th. The shares were acquired at an average cost of GBX 790 per share, with a total value of £4,992.80.
abrdn New India Investment Trust Price Performance
The firm has a market capitalization of £366.80 million, a PE ratio of 1,272.93 and a beta of 0.46. The company has a debt-to-equity ratio of 3.98, a current ratio of 0.47 and a quick ratio of 0.22. The firm has a 50-day simple moving average of GBX 795.64 and a 200-day simple moving average of GBX 778.77.
abrdn New India Investment Trust Company Profile
Looking for world-class, well governed companies at the heart of India’s growth story
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