abrdn Asian Income Fund (LON:AAIF) Stock Passes Above 50-Day Moving Average – Here’s What Happened

abrdn Asian Income Fund (LON:AAIFGet Free Report)’s stock price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 284.02 and traded as high as GBX 291. abrdn Asian Income Fund shares last traded at GBX 285, with a volume of 288,480 shares.

abrdn Asian Income Fund Price Performance

The company has a 50-day simple moving average of GBX 284.02 and a two-hundred day simple moving average of GBX 269.13. The company has a debt-to-equity ratio of 7.72, a quick ratio of 0.11 and a current ratio of 0.63. The stock has a market cap of £406.17 million, a price-to-earnings ratio of 5.59 and a beta of 0.62.

abrdn Asian Income Fund (LON:AAIFGet Free Report) last issued its earnings results on Wednesday, March 18th. The company reported GBX 14.73 earnings per share (EPS) for the quarter. abrdn Asian Income Fund had a return on equity of 19.40% and a net margin of 89.27%.

About abrdn Asian Income Fund

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