abrdn Asia Focus (LON:AAS) Shares Pass Above 50 Day Moving Average – Should You Sell?

Shares of abrdn Asia Focus plc (LON:AASGet Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 368.03 and traded as high as GBX 383. abrdn Asia Focus shares last traded at GBX 383, with a volume of 303,977 shares.

abrdn Asia Focus Price Performance

The company’s 50-day moving average price is GBX 368.03 and its 200-day moving average price is GBX 358.56. The company has a market cap of £538.64 million, a P/E ratio of 6.65 and a beta of 0.62.

abrdn Asia Focus (LON:AASGet Free Report) last released its quarterly earnings results on Thursday, October 23rd. The company reported GBX 7.44 earnings per share (EPS) for the quarter. abrdn Asia Focus had a return on equity of 7.71% and a net margin of 66.01%.

Insiders Place Their Bets

In other abrdn Asia Focus news, insider Alex Finn acquired 4,000 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were acquired at an average price of GBX 378 per share, with a total value of £15,120. Also, insider Charlotte Black bought 2,500 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was acquired at an average cost of GBX 378 per share, with a total value of £9,450. Insiders own 0.08% of the company’s stock.

abrdn Asia Focus Company Profile

(Get Free Report)

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

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