abrdn plc (LON:ABDN – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday after an insider sold shares in the company. The stock traded as low as GBX 136.05 ($1.69) and last traded at GBX 137 ($1.71), with a volume of 1543937 shares trading hands. The stock had previously closed at GBX 141.05 ($1.76).
Specifically, insider Stephen Bird sold 29,942 shares of the firm’s stock in a transaction on Thursday, April 11th. The stock was sold at an average price of GBX 141 ($1.76), for a total value of £42,218.22 ($52,555.98). In other news, insider Douglas J. Flint sold 36,500 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The shares were sold at an average price of GBX 140 ($1.74), for a total transaction of £51,100 ($63,612.60). Also, insider Stephen Bird sold 29,942 shares of the company’s stock in a transaction on Thursday, April 11th. The shares were sold at an average price of GBX 141 ($1.76), for a total transaction of £42,218.22 ($52,555.98). Insiders own 2.43% of the company’s stock.
abrdn Price Performance
The company has a fifty day moving average price of GBX 149.72 and a two-hundred day moving average price of GBX 161.77. The firm has a market capitalization of £2.45 billion, a price-to-earnings ratio of -777.25, a P/E/G ratio of 12.70 and a beta of 1.30. The company has a quick ratio of 24.97, a current ratio of 3.48 and a debt-to-equity ratio of 16.15.
abrdn Dividend Announcement
About abrdn
abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.
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