Douglas J. Flint Acquires 11,612 Shares of abrdn plc (LON:ABDN) Stock

abrdn plc (LON:ABDN) insider Douglas J. Flint purchased 11,612 shares of the firm’s stock in a transaction on Thursday, June 27th. The shares were purchased at an average price of GBX 149 ($1.89) per share, for a total transaction of £17,301.88 ($21,948.34).

abrdn Stock Down 0.4 %

LON:ABDN opened at GBX 148.20 ($1.88) on Friday. The company has a quick ratio of 24.97, a current ratio of 3.48 and a debt-to-equity ratio of 16.15. The stock’s fifty day moving average is GBX 150.59 and its two-hundred day moving average is GBX 156.95. abrdn plc has a 52 week low of GBX 134.60 ($1.71) and a 52 week high of GBX 238 ($3.02). The stock has a market capitalization of £2.64 billion, a price-to-earnings ratio of -777.25, a price-to-earnings-growth ratio of 12.70 and a beta of 1.28.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “hold” rating and set a GBX 155 ($1.97) price target on shares of abrdn in a research note on Thursday, June 13th.

About abrdn

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.