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abrdn (OTCMKTS:SLFPY) Shares Down 4.1% - Here's What Happened

abrdn logo with Finance background

abrdn plc (OTCMKTS:SLFPY - Get Free Report) dropped 4.1% on Wednesday . The company traded as low as $6.81 and last traded at $6.81. Approximately 275 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 1,090 shares. The stock had previously closed at $7.10.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Citigroup raised shares of abrdn to a "hold" rating in a research report on Thursday, October 10th. Barclays upgraded abrdn to a "strong sell" rating in a research report on Thursday, October 10th.

Read Our Latest Stock Report on abrdn

abrdn Trading Down 4.1 %

The stock has a fifty day simple moving average of $7.26 and a 200-day simple moving average of $7.69.

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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