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abrdn Asia Focus (LON:AAS) Stock Price Crosses Above 50 Day Moving Average - Time to Sell?

abrdn Asia Focus logo with Financial Services background

abrdn Asia Focus plc (LON:AAS - Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 281.56 ($3.56) and traded as high as GBX 286 ($3.62). abrdn Asia Focus shares last traded at GBX 284 ($3.59), with a volume of 74,656 shares.

abrdn Asia Focus Trading Down 0.7 %

The business's 50 day moving average price is GBX 281.82 and its 200-day moving average price is GBX 279.28. 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 company has a market cap of £433.01 million, a price-to-earnings ratio of 3,136.82 and a beta of 0.62.

abrdn Asia Focus Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, December 20th. Investors of record on Thursday, November 21st will be given a dividend of GBX 1 ($0.01) per share. This represents a yield of 0.36%. The ex-dividend date of this dividend is Thursday, November 21st. abrdn Asia Focus's dividend payout ratio is 6,666.67%.

Insider Buying and Selling

In other news, insider Krishna Shanmuganathan bought 8,812 shares of the firm's stock in a transaction on Friday, October 25th. The shares were purchased at an average cost of GBX 282 ($3.57) per share, with a total value of £24,849.84 ($31,443.55). 7.99% of the stock is owned by insiders.

abrdn Asia Focus Company Profile

(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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