abrdn (LON:ABDN) Trading Down 0.6%

abrdn plc (LON:ABDN) traded down 0.6% on Tuesday . The stock traded as low as GBX 154.10 ($1.94) and last traded at GBX 154.25 ($1.94). 10,779,654 shares changed hands during trading, an increase of 97% from the average session volume of 5,474,666 shares. The stock had previously closed at GBX 155.20 ($1.95).

abrdn Trading Down 0.5 %

The firm has a market cap of £2.73 billion, a P/E ratio of -777.25, a P/E/G ratio of 12.70 and a beta of 1.30. The stock has a 50 day simple moving average of GBX 145.01 and a 200-day simple moving average of GBX 160.52. The company has a current ratio of 3.48, a quick ratio of 24.97 and a debt-to-equity ratio of 16.15.

abrdn Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, March 14th were given a GBX 7.30 ($0.09) dividend. The ex-dividend date was Thursday, March 14th. This represents a yield of 4.52%.

Insiders Place Their Bets

In other abrdn news, insider Douglas J. Flint sold 36,500 shares of the firm’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of GBX 140 ($1.76), for a total transaction of £51,100 ($64,195.98). In related news, insider Douglas J. Flint sold 36,500 shares of the company’s stock in a transaction dated Friday, March 15th. The shares were sold at an average price of GBX 140 ($1.76), for a total value of £51,100 ($64,195.98). Also, insider Stephen Bird sold 29,942 shares of the firm’s stock in a transaction dated Thursday, April 11th. The shares were sold at an average price of GBX 141 ($1.77), for a total transaction of £42,218.22 ($53,037.96). Insiders own 2.41% of the company’s stock.

About abrdn

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.