abrdn New India Investment Trust (LON:ANII) Stock Price Down 4% – Should You Sell?

abrdn New India Investment Trust (LON:ANIIGet Free Report)’s stock price dropped 4% during trading on Thursday . The company traded as low as GBX 660 and last traded at GBX 664. Approximately 220,242 shares were traded during mid-day trading, an increase of 42% from the average daily volume of 155,231 shares. The stock had previously closed at GBX 692.

abrdn New India Investment Trust Stock Down 2.7%

The firm has a 50 day moving average of GBX 725.62 and a 200 day moving average of GBX 766.47. The firm has a market cap of £285.84 million, a PE ratio of -5.03 and a beta of 0.09.

Insider Activity

In other news, insider Irina Miklavchich purchased 1,800 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were purchased at an average price of GBX 744 per share, with a total value of £13,392. 1.05% of the stock is currently owned by insiders.

abrdn New India Investment Trust Company Profile

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Looking for world-class, well governed companies at the heart of India’s growth story

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