abrdn Asia Focus (LON:AAS) Hits New 12-Month High – Here’s What Happened

abrdn Asia Focus plc (LON:AAS)’s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as GBX 298 ($3.68) and last traded at GBX 298 ($3.68), with a volume of 498670 shares changing hands. The stock had previously closed at GBX 294 ($3.63).

abrdn Asia Focus Stock Up 0.3 %

The stock has a market capitalization of £457.58 million, a P/E ratio of 3,311.11 and a beta of 0.62. The stock’s fifty day simple moving average is GBX 286.93 and its two-hundred day simple moving average is GBX 281.24. The company has a debt-to-equity ratio of 14.19, a quick ratio of 3.67 and a current ratio of 11.29.

abrdn Asia Focus Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 20th. Stockholders of record on Thursday, November 21st were given a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.36%. The ex-dividend date was Thursday, November 21st. abrdn Asia Focus’s dividend payout ratio (DPR) is 6,666.67%.

Insider Buying and Selling at abrdn Asia Focus

In other abrdn Asia Focus news, insider Krishna Shanmuganathan purchased 8,812 shares of the firm’s stock in a transaction that occurred on Friday, October 25th. The stock was bought at an average cost of GBX 282 ($3.49) per share, with a total value of £24,849.84 ($30,716.74). Insiders own 7.99% of the company’s stock.

abrdn Asia Focus Company Profile

A fundamental, high conviction portfolio of well-researched Asian small caps.