abrdn New India Investment Trust (LON:ANII – Get Free Report)’s share price traded up 0.8% during mid-day trading on Thursday. The company traded as high as GBX 730 and last traded at GBX 730. Approximately 10,882 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 98,503 shares. The stock had previously closed at GBX 724.
abrdn New India Investment Trust Trading Up 0.8%
The company has a debt-to-equity ratio of 4.00, a quick ratio of 0.22 and a current ratio of 0.63. The business has a 50-day simple moving average of GBX 721.40 and a two-hundred day simple moving average of GBX 697.15. The stock has a market cap of £311.53 million, a price-to-earnings ratio of -3.95 and a beta of 0.27.
Insider Buying and Selling
In related news, insider Francesca Ecsery bought 405 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were acquired at an average price of GBX 734 per share, with a total value of £2,972.70. 1.11% of the stock is owned by company insiders.
About abrdn New India Investment Trust
Looking for world-class, well governed companies at the heart of India’s growth story
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