abrdn Asia Focus (LON:AAS) Stock Price Crosses Below 50 Day Moving Average – Should You Sell?

Shares of abrdn Asia Focus plc (LON:AAS) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 365.14 and traded as low as GBX 362.40. abrdn Asia Focus shares last traded at GBX 363, with a volume of 252,496 shares trading hands.

abrdn Asia Focus Stock Performance

The company has a market capitalization of £516.26 million, a PE ratio of 6.37 and a beta of 0.62. The company’s fifty day moving average is GBX 365.38 and its 200-day moving average is GBX 349.25.

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

Insider Transactions at abrdn Asia Focus

In related news, insider Alex Finn purchased 4,000 shares of the firm’s stock in a transaction on Tuesday, November 4th. The shares were acquired at an average price of GBX 378 per share, for a total transaction of £15,120. Also, insider Charlotte Black acquired 2,500 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were purchased at an average price of GBX 378 per share, with a total value of £9,450. Corporate insiders own 0.11% of the company’s stock.

abrdn Asia Focus Company Profile

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