abrdn Asian Income Fund (LON:AAIF) Shares Cross Below 50-Day Moving Average – Time to Sell?

abrdn Asian Income Fund (LON:AAIFGet Free Report)’s share price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 257.22 and traded as low as GBX 256. abrdn Asian Income Fund shares last traded at GBX 262, with a volume of 181,152 shares traded.

abrdn Asian Income Fund Price Performance

The stock has a market cap of £373.39 million, a PE ratio of 22.94 and a beta of 0.70. The business’s 50-day simple moving average is GBX 257.34 and its 200-day simple moving average is GBX 244.76. The company has a quick ratio of 0.11, a current ratio of 0.26 and a debt-to-equity ratio of 8.19.

About abrdn Asian Income Fund

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Targeting the income and growth potential of Asia’s most compelling and sustainable companies.

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