abrdn New India Investment Trust (LON:ANII) Trading Up 0.3% – Here’s Why

abrdn New India Investment Trust (LON:ANII) shot up 0.3% on Thursday . The stock traded as high as GBX 728 and last traded at GBX 728. 42,087 shares were traded during trading, a decline of 60% from the average session volume of 104,016 shares. The stock had previously closed at GBX 726.

abrdn New India Investment Trust Trading Up 0.3%

The company has a market capitalization of £312.73 million, a P/E ratio of -3.94 and a beta of 0.27. The stock has a 50 day moving average of GBX 721.84 and a 200-day moving average of GBX 699.46. The company has a current ratio of 0.63, a quick ratio of 0.22 and a debt-to-equity ratio of 4.00.

abrdn New India Investment Trust (LON:ANII) last announced its quarterly earnings data on Thursday, June 18th. The company reported GBX (3.36) earnings per share (EPS) for the quarter. abrdn New India Investment Trust had a negative return on equity of 24.12% and a negative net margin of 2,108.76%.The firm had revenue of GBX 385 million during the quarter.

Insider Buying and Selling

In other news, insider Francesca Ecsery acquired 405 shares of abrdn New India Investment Trust stock in a transaction on Wednesday, August 5th. The shares were acquired at an average price of GBX 734 per share, with a total value of £2,972.70. Insiders own 1.10% of the company’s stock.

abrdn New India Investment Trust Company Profile

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