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abrdn (LON:ABDN) Shares Down 1.1% - Here's What Happened

abrdn logo with Financial Services background

abrdn plc (LON:ABDN - Get Free Report)'s stock price dropped 1.1% on Wednesday . The company traded as low as GBX 138.85 ($1.76) and last traded at GBX 139.90 ($1.77). Approximately 2,138,736 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 8,223,878 shares. The stock had previously closed at GBX 141.45 ($1.79).

abrdn Stock Up 0.2 %

The firm's 50 day moving average is GBX 145.19 and its 200-day moving average is GBX 151.56. The firm has a market cap of £2.50 billion, a PE ratio of 824.71, a P/E/G ratio of 12.70 and a beta of 1.25. The company has a quick ratio of 24.97, a current ratio of 225.80 and a debt-to-equity ratio of 11.74.

abrdn Company Profile

(Get Free Report)

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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