abrdn Asia Focus plc (LON:AAS - Get Free Report) shares rose 0.3% during trading on Thursday . The company traded as high as GBX 288.89 ($3.65) and last traded at GBX 288 ($3.63). Approximately 63,699 shares were traded during trading, a decline of 69% from the average daily volume of 203,394 shares. The stock had previously closed at GBX 287 ($3.62).
abrdn Asia Focus Stock Down 0.7 %
The company has a market capitalization of £439.15 million, a PE ratio of 3,177.78 and a beta of 0.62. The firm has a 50-day simple moving average of GBX 283.61 and a 200 day simple moving average of GBX 279.49. The company has a debt-to-equity ratio of 14.19, a current ratio of 11.29 and a quick ratio of 3.67.
abrdn Asia Focus Cuts Dividend
The company also recently declared a dividend, which will be paid on Friday, December 20th. Shareholders of record on Thursday, November 21st will be given a GBX 1 ($0.01) dividend. The ex-dividend date is Thursday, November 21st. This represents a yield of 0.36%. abrdn Asia Focus's dividend payout ratio (DPR) is presently 6,666.67%.
Insider Activity at abrdn Asia Focus
In other news, insider Krishna Shanmuganathan purchased 8,812 shares of the company's stock in a transaction that occurred on Friday, October 25th. The shares were acquired at an average cost of GBX 282 ($3.56) per share, with a total value of £24,849.84 ($31,364.18). 7.99% of the stock is currently owned by 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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