abrdn Asia Focus plc (LON:AAS - Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as GBX 289.45 ($3.64) and last traded at GBX 290 ($3.64), with a volume of 153583 shares changing hands. The stock had previously closed at GBX 286 ($3.59).
abrdn Asia Focus Trading Up 1.4 %
The company has a current ratio of 11.29, a quick ratio of 3.67 and a debt-to-equity ratio of 14.19. The firm's 50-day moving average is GBX 283.75 and its 200-day moving average is GBX 279.83. The firm has a market cap of £445.30 million, a price-to-earnings ratio of 3,222.22 and a beta of 0.62.
abrdn Asia Focus Cuts Dividend
The firm also recently announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.36%. The ex-dividend date of this dividend is Thursday, November 21st. abrdn Asia Focus's payout ratio is presently 6,666.67%.
Insider Buying and Selling
In other news, insider Krishna Shanmuganathan acquired 8,812 shares of the business's stock in a transaction on Friday, October 25th. The shares were purchased at an average cost of GBX 282 ($3.54) per share, with a total value of £24,849.84 ($31,230.16). 7.99% of the stock is currently owned by company insiders.
abrdn Asia Focus Company Profile
(
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Aberdeen Standard Asia Focus PLC operates as an investment trust that invests in a portfolio of smaller companies in Japan, Asia, and Australasia. The trust invests in companies operating in various sectors, including auto components; beverages; chemicals; commercial banks; containers and packaging; diversified financial services; food and staples retailing; hotels, restaurants, and leisure; industrial conglomerates; multiline retail; paper and forest products; real estate; and transportation infrastructure.
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