abrdn Asia Focus (LON:AAS) Stock Crosses Above 50-Day Moving Average – Here’s Why

abrdn Asia Focus plc (LON:AASGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 411.70 and traded as high as GBX 443.15. abrdn Asia Focus shares last traded at GBX 438.01, with a volume of 507,747 shares changing hands.

abrdn Asia Focus Stock Up 1.4%

The company has a quick ratio of 3.67, a current ratio of 0.18 and a debt-to-equity ratio of 9.25. The company has a market capitalization of £608.22 million, a price-to-earnings ratio of 5.65 and a beta of 0.77. The stock’s fifty day moving average price is GBX 411.70 and its 200-day moving average price is GBX 390.31.

abrdn Asia Focus (LON:AASGet Free Report) last issued its earnings results on Monday, March 30th. The company reported GBX 2.02 earnings per share for the quarter. The business had revenue of GBX 479 million for the quarter. abrdn Asia Focus had a net margin of 102.94% and a return on equity of 19.85%.

About abrdn Asia Focus

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