abrdn Asian Income Fund (LON:AAIF) Share Price Passes Above Fifty Day Moving Average – Here’s Why

abrdn Asian Income Fund (LON:AAIFGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 263.02 and traded as high as GBX 284. abrdn Asian Income Fund shares last traded at GBX 277, with a volume of 274,504 shares traded.

abrdn Asian Income Fund Trading Down 0.4%

The stock has a 50 day moving average of GBX 263.02 and a 200 day moving average of GBX 251.47. The company has a debt-to-equity ratio of 8.19, a current ratio of 0.26 and a quick ratio of 0.11. The firm has a market cap of £393.17 million, a P/E ratio of 24.16 and a beta of 0.70.

About abrdn Asian Income Fund

(Get Free Report)

Targeting the income and growth potential of Asia’s most compelling and sustainable companies.

See Also

Receive News & Ratings for abrdn Asian Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Asian Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.