Asia Dragon (LON:DGN) Hits New 52-Week High – Time to Buy?

Asia Dragon (LON:DGNGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 443 ($5.77) and last traded at GBX 435 ($5.66), with a volume of 120918 shares trading hands. The stock had previously closed at GBX 435 ($5.66).

Asia Dragon Stock Performance

The company has a debt-to-equity ratio of 8.77, a current ratio of 0.19 and a quick ratio of 0.17. The stock has a 50-day moving average price of GBX 414.92 and a 200-day moving average price of GBX 404.44. The company has a market capitalization of £682.33 million, a price-to-earnings ratio of -1,035.71 and a beta of 0.50.

About Asia Dragon

(Get Free Report)

Edinburgh Dragon Trust Plc is closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of the Asia Pacific region, excluding Japan and Australasia. It seeks to invest in stocks of companies operating across diversified sectors.

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