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abrdn New India Investment Trust (LON:ANII) Trading Up 0.5% - Should You Buy?

abrdn New India Investment Trust logo with Financial Services background

abrdn New India Investment Trust (LON:ANII - Get Free Report) shares traded up 0.5% on Tuesday . The company traded as high as GBX 814 ($10.23) and last traded at GBX 812 ($10.21). 50,960 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 74,671 shares. The stock had previously closed at GBX 808 ($10.16).

abrdn New India Investment Trust Stock Performance

The company has a debt-to-equity ratio of 6.08, a quick ratio of 0.22 and a current ratio of 0.31. The company's 50 day moving average price is GBX 782.19 and its 200-day moving average price is GBX 786.82. The company has a market cap of £407.84 million, a PE ratio of 472.19 and a beta of 0.46.

abrdn New India Investment Trust Company Profile

(Get Free Report)

Aberdeen New India Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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