abrdn Asian Income Fund (LON:AAIF - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 216.24 ($2.71) and traded as low as GBX 214 ($2.68). abrdn Asian Income Fund shares last traded at GBX 214 ($2.68), with a volume of 34,536 shares changing hands.
abrdn Asian Income Fund Stock Down 1.8 %
The company has a debt-to-equity ratio of 8.19, a current ratio of 0.26 and a quick ratio of 0.11. The stock has a market cap of £333.88 million, a price-to-earnings ratio of 764.29 and a beta of 0.70. The business has a fifty day moving average of GBX 219.26 and a 200 day moving average of GBX 216.22.
abrdn Asian Income Fund Announces Dividend
The business also recently announced a dividend, which was paid on Friday, November 22nd. Investors of record on Thursday, October 24th were issued a GBX 2.55 ($0.03) dividend. The ex-dividend date was Thursday, October 24th. This represents a yield of 1.16%. abrdn Asian Income Fund's dividend payout ratio (DPR) is currently 4,285.71%.
Insider Buying and Selling
In other abrdn Asian Income Fund news, insider Ian Cadby purchased 8,000 shares of the company's stock in a transaction on Friday, November 22nd. The shares were bought at an average cost of GBX 223 ($2.80) per share, with a total value of £17,840 ($22,375.52). 3.64% of the stock is owned by insiders.
abrdn Asian Income Fund Company Profile
(
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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.
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