abrdn New India Investment Trust (LON:ANII – Get Free Report) traded up 0.8% during mid-day trading on Thursday. The stock traded as high as GBX 730 and last traded at GBX 730. Approximately 10,882 shares changed hands during trading, a decline of 89% from the average session volume of 98,503 shares. The stock had previously closed at GBX 724.
abrdn New India Investment Trust Price Performance
The company has a debt-to-equity ratio of 4.00, a quick ratio of 0.22 and a current ratio of 0.63. The stock’s 50 day simple moving average is GBX 721.44 and its two-hundred day simple moving average is GBX 697.28. The firm has a market capitalization of £305.56 million, a PE ratio of -3.88 and a beta of 0.27.
Insider Activity
In related news, insider Francesca Ecsery purchased 405 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The stock was purchased at an average price of GBX 734 per share, with a total value of £2,972.70. 1.11% of the stock is owned by company insiders.
About abrdn New India Investment Trust
Looking for world-class, well governed companies at the heart of India’s growth story
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