Abrdn (OTCMKTS:SLFPY) Reaches New 1-Year High – Time to Buy?

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $11.4150 and last traded at $11.4150, with a volume of 100 shares trading hands. The stock had previously closed at $11.16.

Wall Street Analyst Weigh In

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

Abrdn Stock Down 0.4%

The company’s fifty day moving average is $10.70 and its 200 day moving average is $10.71.

About Abrdn

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.