Free Trial

abrdn Asian Income Fund (LON:AAIF) Stock Passes Above 50-Day Moving Average - Time to Sell?

abrdn Asian Income Fund logo with Financial Services background

abrdn Asian Income Fund (LON:AAIF - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 216.46 ($2.82) and traded as high as GBX 220 ($2.86). abrdn Asian Income Fund shares last traded at GBX 220 ($2.86), with a volume of 307,782 shares traded.

abrdn Asian Income Fund Trading Down 0.5 %

The company has a debt-to-equity ratio of 8.19, a quick ratio of 0.11 and a current ratio of 0.26. The company has a market capitalization of £341.68 million, a price-to-earnings ratio of 778.57 and a beta of 0.70. The business's 50-day simple moving average is GBX 216.62 and its 200-day simple moving average is GBX 214.11.

abrdn Asian Income Fund Announces Dividend

The business also recently announced a dividend, which will be paid on Friday, November 22nd. Shareholders of record on Thursday, October 24th will be issued a dividend of GBX 2.55 ($0.03) per share. This represents a yield of 1.16%. The ex-dividend date of this dividend is Thursday, October 24th. abrdn Asian Income Fund's dividend payout ratio (DPR) is currently 4,285.71%.

abrdn Asian Income Fund Company Profile

(Get Free Report)

Aberdeen Asian Income Fund Limited is a closed ended balanced mutual fund launched by Aberdeen Private Wealth Management Limited. It is managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity and fixed income markets of the Asia Pacific Region. It seeks to invest in the stocks of companies operating across diversified sectors.

Featured Articles

Should you invest $1,000 in abrdn Asian Income Fund right now?

Before you consider abrdn Asian Income Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and abrdn Asian Income Fund wasn't on the list.

While abrdn Asian Income Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines