Shares of abrdn Asia Focus plc (LON:AAS - Get Free Report) hit a new 52-week high during mid-day trading on Friday . The company traded as high as GBX 297.01 ($3.74) and last traded at GBX 296 ($3.72), with a volume of 76156 shares. The stock had previously closed at GBX 294 ($3.70).
abrdn Asia Focus Stock Up 0.7 %
The company has a debt-to-equity ratio of 14.19, a quick ratio of 3.67 and a current ratio of 11.29. The firm has a 50 day simple moving average of GBX 284.88 and a two-hundred day simple moving average of GBX 280.41. The stock has a market cap of £454.51 million, a P/E ratio of 3,288.89 and a beta of 0.62.
abrdn Asia Focus Cuts Dividend
The business also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 21st were paid a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.36%. The ex-dividend date was Thursday, November 21st. abrdn Asia Focus's dividend payout ratio is currently 6,666.67%.
Insider Activity at abrdn Asia Focus
In other news, insider Krishna Shanmuganathan purchased 8,812 shares of the stock in a transaction dated Friday, October 25th. The shares were bought at an average cost of GBX 282 ($3.55) per share, for a total transaction of £24,849.84 ($31,269.46). 7.99% of the stock is currently owned by insiders.
About abrdn Asia Focus
(
Get Free Report)
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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