abrdn plc (LON:ABDN - Get Free Report) was up 1% during trading on Monday . The company traded as high as GBX 145 ($1.95) and last traded at GBX 144.40 ($1.94). Approximately 3,239,561 shares changed hands during trading, a decline of 76% from the average daily volume of 13,419,578 shares. The stock had previously closed at GBX 142.90 ($1.92).
Wall Street Analyst Weigh In
Separately, Citigroup lifted their price target on abrdn from GBX 140 ($1.88) to GBX 172 ($2.31) and gave the company a "neutral" rating in a report on Thursday, March 6th.
View Our Latest Stock Report on ABDN
abrdn Trading Up 1.0 %
The firm has a market capitalization of £2.59 billion, a price-to-earnings ratio of 8.21, a price-to-earnings-growth ratio of 12.70 and a beta of 1.25. The company has a current ratio of 225.80, a quick ratio of 24.97 and a debt-to-equity ratio of 12.25. The company has a fifty day moving average price of GBX 154.39 and a 200-day moving average price of GBX 147.93.
abrdn (LON:ABDN - Get Free Report) last announced its quarterly 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, equities research analysts predict that abrdn plc will post 15.2266152 EPS for the current year.
abrdn Announces Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, May 13th. Investors of record on Thursday, March 27th will be paid a GBX 7.30 ($0.10) dividend. This represents a dividend yield of 4.17%. The ex-dividend date of this dividend is Thursday, March 27th. abrdn's payout ratio is 85.27%.
Insider Activity at abrdn
In other abrdn news, insider Jason Windsor sold 84,587 shares of abrdn stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of GBX 169 ($2.27), for a total value of £142,952.03 ($192,062.38). 2.41% of the stock is owned by company insiders.
abrdn Company Profile
(
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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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