abrdn plc (LON:ABDN – Get Free Report) shares were up 13.7% during trading on Tuesday . The stock traded as high as GBX 184.75 ($2.35) and last traded at GBX 184.25 ($2.34). Approximately 6,302,104 shares traded hands during trading, a decline of 4% from the average daily volume of 6,597,496 shares. The stock had previously closed at GBX 162 ($2.06).
abrdn Price Performance
The stock has a market cap of £3.23 billion, a P/E ratio of 10.26, a price-to-earnings-growth ratio of 12.70 and a beta of 1.25. The business has a 50-day simple moving average of GBX 147.98 and a 200 day simple moving average of GBX 147.72. The company has a current ratio of 225.80, a quick ratio of 24.97 and a debt-to-equity ratio of 12.25.
Insider Activity at abrdn
In other news, insider Jason Windsor acquired 357,635 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average cost of GBX 139 ($1.77) per share, for a total transaction of £497,112.65 ($631,735.48). 2.41% of the stock is currently owned by company insiders.
About abrdn
abrdn is a global investment company that helps clients and customers plan, save, and invest for the future.
Our purpose is to enable our clients to be better investors.
Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and interactive investor – focused on the changing needs of our clients.
The capabilities in our Investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge.
Our Adviser business provides financial planning solutions and technology for UK financial advisers, enabling them to create value for their businesses and their clients.
interactive investor, the UK’s second largest direct-to-consumer investment platform, enables individuals in the UK to plan, save and invest in the way that works for them.
abrdn.com
The value of investments and the income from them can go down as well as up and investors may get back less than the amount invested.
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