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abrdn New India Investment Trust (LON:ANII) Trading Up 0.3% - Still a Buy?

abrdn New India Investment Trust logo with Financial Services background

abrdn New India Investment Trust (LON:ANII - Get Free Report)'s share price was up 0.3% on Monday . The stock traded as high as GBX 760 ($9.89) and last traded at GBX 760 ($9.89). Approximately 33,303 shares were traded during trading, a decline of 55% from the average daily volume of 74,547 shares. The stock had previously closed at GBX 758 ($9.87).

abrdn New India Investment Trust Stock Performance

The company has a debt-to-equity ratio of 6.08, a current ratio of 0.31 and a quick ratio of 0.22. The stock has a market capitalization of £385.41 million, a price-to-earnings ratio of 445.15 and a beta of 0.46. The firm has a fifty day moving average of GBX 791.21 and a 200 day moving average of GBX 783.13.

About abrdn New India Investment Trust

(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.

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