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

Shares of Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPYGet Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $13.60 and last traded at $13.60, with a volume of 200 shares trading hands. The stock had previously closed at $13.43.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group cut shares of Abrdn from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Abrdn presently has an average rating of “Hold”.

Check Out Our Latest Stock Analysis on SLFPY

Abrdn Trading Up 1.3%

The stock has a 50 day moving average of $13.08 and a 200 day moving average of $12.11. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.11.

About Abrdn

(Get Free Report)

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.

Further Reading

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