abrdn New India Investment Trust (LON:ANII) Announces Earnings Results

abrdn New India Investment Trust (LON:ANII) announced its quarterly earnings results on Thursday. The company reported GBX (3.36) earnings per share for the quarter, Digital Look Earnings reports. abrdn New India Investment Trust had a negative return on equity of 15.86% and a net margin of 144.09%.The business had revenue of GBX 385 million for the quarter.

abrdn New India Investment Trust Price Performance

ANII stock opened at GBX 720 on Friday. The firm has a market capitalization of £312.36 million, a PE ratio of -5.61 and a beta of 0.29. The company has a current ratio of 6.70, a quick ratio of 0.22 and a debt-to-equity ratio of 5.78. The business’s 50 day simple moving average is GBX 679.23 and its 200 day simple moving average is GBX 714.47. abrdn New India Investment Trust has a 1-year low of GBX 606 and a 1-year high of GBX 834.

Insider Activity at abrdn New India Investment Trust

In other news, insider Francesca Ecsery purchased 436 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was acquired at an average cost of GBX 684 per share, with a total value of £2,982.24. Also, insider Irina Miklavchich purchased 4,000 shares of abrdn New India Investment Trust stock in a transaction that occurred on Friday, April 17th. The stock was purchased at an average price of GBX 700 per share, with a total value of £28,000. Company insiders own 1.08% of the company’s stock.

abrdn New India Investment Trust Company Profile

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