abrdn Asian Income Fund (LON:AAIF) Stock Passes Below Fifty Day Moving Average – Here’s Why

Shares of abrdn Asian Income Fund (LON:AAIFGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 283.40 and traded as low as GBX 275. abrdn Asian Income Fund shares last traded at GBX 284, with a volume of 115,494 shares.

abrdn Asian Income Fund Price Performance

The business has a 50 day simple moving average of GBX 283.96 and a 200-day simple moving average of GBX 264.63. The stock has a market capitalization of £404.75 million, a price-to-earnings ratio of 24.87 and a beta of 0.88.

About abrdn Asian Income Fund

(Get Free Report)

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

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