Aberdeen New Thai Investment Trust (LON:ANW) Shares Down 1% – Here’s Why

Aberdeen New Thai Investment Trust Plc (LON:ANW) was down 1% on Friday . The stock traded as low as GBX 396 ($5.17) and last traded at GBX 398 ($5.20). Approximately 2,962 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 16,020 shares. The stock had previously closed at GBX 402 ($5.25).

Aberdeen New Thai Investment Trust Stock Performance

The stock has a 50-day moving average price of GBX 398 and a two-hundred day moving average price of GBX 398. The company has a debt-to-equity ratio of 12.25, a quick ratio of 0.12 and a current ratio of 0.13. The stock has a market capitalization of £63.63 million and a P/E ratio of 120.61.

Aberdeen New Thai Investment Trust Company Profile

Aberdeen New Thai Investment Trust PLC is a 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 the public equity markets of Thailand. It seeks to invest in stocks of companies operating across diversified sectors.