abrdn New India Investment Trust (LON:ANII - Get Free Report)'s share price was down 1.6% during mid-day trading on Tuesday . The stock traded as low as GBX 742 ($9.57) and last traded at GBX 744 ($9.59). Approximately 64,496 shares were traded during trading, a decline of 48% from the average daily volume of 124,364 shares. The stock had previously closed at GBX 756 ($9.75).
abrdn New India Investment Trust Stock Performance
The firm has a market cap of £346.52 million, a PE ratio of 2.97 and a beta of 0.46. The company has a debt-to-equity ratio of 3.98, a current ratio of 0.47 and a quick ratio of 0.22. The stock has a 50-day moving average price of GBX 732.48 and a 200 day moving average price of GBX 771.48.
Insiders Place Their Bets
In related news, insider Irina Miklavchich bought 2,000 shares of the business's stock in a transaction on Wednesday, January 15th. The shares were bought at an average cost of GBX 788 ($10.16) per share, for a total transaction of £15,760 ($20,322.37). 6.17% of the stock is currently owned by insiders.
abrdn New India Investment Trust Company Profile
(
Get Free Report)
Looking for world-class, well governed companies at the heart of India's growth story
See Also
Before you consider abrdn New India Investment Trust, 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 New India Investment Trust wasn't on the list.
While abrdn New India Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
