Abrdn (OTCMKTS:SLFPY) Shares Gap Up – Time to Buy?

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) shares gapped up before the market opened on Tuesday . The stock had previously closed at $10.50, but opened at $10.87. Abrdn shares last traded at $10.85, with a volume of 998 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets upgraded shares of Abrdn to a “hold” rating in a research report on Thursday, December 4th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Abrdn Stock Up 1.0%

The firm’s 50-day moving average is $10.75 and its two-hundred day moving average is $10.67.

Abrdn Company Profile

Abrdn plc is a global investment management company headquartered in Edinburgh, Scotland. Operating under the ticker OTCMKTS:SLFPY in the over-the-counter market, the firm delivers a broad range of financial products and services to institutional, wholesale and retail clients. Its offerings span equity, fixed income, multi-asset, real estate and private markets, with a focus on active management and thematic investing strategies.

The company’s core business activities include the management of pooled and segregated funds, advisory services and model portfolio solutions.