abrdn Asia Focus (LON:AAS) Hits New 52-Week High – Should You Buy?

abrdn Asia Focus plc (LON:AASGet Free Report) reached a new 52-week high on Monday . The stock traded as high as GBX 298 ($3.64) and last traded at GBX 298 ($3.64), with a volume of 117480 shares. The stock had previously closed at GBX 298 ($3.64).

abrdn Asia Focus Stock Performance

The stock has a fifty day simple moving average of GBX 288.35 and a two-hundred day simple moving average of GBX 281.76. The company has a debt-to-equity ratio of 14.19, a quick ratio of 3.67 and a current ratio of 11.29. The stock has a market cap of £463.72 million, a price-to-earnings ratio of 3,355.56 and a beta of 0.62.

abrdn Asia Focus Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 20th. Investors of record on Thursday, November 21st were paid a GBX 1 ($0.01) dividend. This represents a yield of 0.36%. The ex-dividend date was Thursday, November 21st. abrdn Asia Focus’s dividend payout ratio (DPR) is presently 6,666.67%.

Insider Buying and Selling at abrdn Asia Focus

In related news, insider Krishna Shanmuganathan bought 8,812 shares of the firm’s stock in a transaction on Friday, October 25th. The shares were purchased at an average price of GBX 282 ($3.44) per share, with a total value of £24,849.84 ($30,337.98). Company insiders own 7.99% of the company’s stock.

abrdn Asia Focus Company Profile

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A fundamental, high conviction portfolio of well-researched Asian small caps.

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