abrdn plc (LON:ABDN - Get Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 126.15 ($1.65) and last traded at GBX 127.40 ($1.67), with a volume of 4232955 shares changing hands. The stock had previously closed at GBX 138.25 ($1.81).
Wall Street Analysts Forecast Growth
Separately, Citigroup upped their price target on abrdn from GBX 140 ($1.83) to GBX 172 ($2.25) and gave the company a "neutral" rating in a research report on Thursday, March 6th.
Read Our Latest Stock Report on ABDN
abrdn Stock Up 0.5 %
The stock's 50 day moving average is GBX 157.85 and its 200 day moving average is GBX 149.45. The company has a market capitalization of £2.33 billion, a PE ratio of 7.40, a PEG ratio of 12.70 and a beta of 1.25. The company has a debt-to-equity ratio of 12.25, a quick ratio of 24.97 and a current ratio of 225.80.
abrdn (LON:ABDN - Get Free Report) last posted its earnings results on Tuesday, March 4th. The company reported GBX 15.20 ($0.20) earnings per share (EPS) for the quarter. abrdn had a return on equity of 6.46% and a net margin of 21.19%. On average, sell-side analysts anticipate that abrdn plc will post 15.2266152 EPS for the current fiscal year.
abrdn Announces Dividend
The business also recently announced a dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Thursday, March 27th will be issued a dividend of GBX 7.30 ($0.10) per share. This represents a yield of 4.17%. The ex-dividend date is Thursday, March 27th. abrdn's payout ratio is presently 85.27%.
Insider Transactions at abrdn
In other news, insider Jason Windsor sold 84,587 shares of the company's stock in a transaction on Tuesday, March 25th. The shares were sold at an average price of GBX 169 ($2.21), for a total value of £142,952.03 ($187,109.99). Insiders own 2.41% of the company's stock.
About abrdn
(
Get Free Report)
aberdeen is a Wealth & Investments group that connects investors to the expertise, tools, and solutions they need to grow and manage their wealth with confidence.
We are structured around three businesses – interactive investor, Adviser and Investments. As a diversified group, we have positioned ourselves for growth in a changing investment landscape.
Further Reading
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