abrdn (LON:ABDN – Get Free Report) issued its earnings results on Tuesday. The company reported GBX 15.20 ($0.20) earnings per share for the quarter, Digital Look Earnings reports. abrdn had a net margin of 21.19% and a return on equity of 6.46%.
abrdn Trading Up 1.4 %
ABDN traded up GBX 2.43 ($0.03) during trading on Thursday, reaching GBX 175.28 ($2.26). 9,042,027 shares of the company’s stock were exchanged, compared to its average volume of 6,808,141. The company has a current ratio of 225.80, a quick ratio of 24.97 and a debt-to-equity ratio of 12.25. abrdn has a one year low of GBX 130.50 ($1.68) and a one year high of GBX 186.48 ($2.40). The firm has a fifty day moving average price of GBX 149.35 and a two-hundred day moving average price of GBX 148. The stock has a market capitalization of £3.14 billion, a PE ratio of 9.96, a price-to-earnings-growth ratio of 12.70 and a beta of 1.25.
Insider Activity
In related news, insider Jason Windsor purchased 357,635 shares of the firm’s stock in a transaction dated Wednesday, December 18th. The stock was bought at an average price of GBX 139 ($1.79) per share, with a total value of £497,112.65 ($640,774.23). Insiders own 2.41% of the company’s stock.
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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