abrdn New India Investment Trust (LON:ANII) Announces Earnings Results

abrdn New India Investment Trust (LON:ANII) announced its earnings results on Thursday. The company reported GBX (3.36) EPS for the quarter, Digital Look Earnings reports. abrdn New India Investment Trust had a negative return on equity of 15.86% and a net margin of 144.09%.The business had revenue of GBX 385 million for the quarter.

abrdn New India Investment Trust Stock Performance

ANII opened at GBX 720 on Friday. abrdn New India Investment Trust has a 52-week low of GBX 606 and a 52-week high of GBX 834. The firm has a market capitalization of £312.36 million, a PE ratio of -5.61 and a beta of 0.29. The company has a debt-to-equity ratio of 5.78, a quick ratio of 0.22 and a current ratio of 6.70. The business’s 50-day simple moving average is GBX 679.23 and its 200 day simple moving average is GBX 714.47.

Insider Activity at abrdn New India Investment Trust

In related news, insider Francesca Ecsery purchased 436 shares of the stock in a transaction on Thursday, May 7th. The shares were purchased at an average price of GBX 684 per share, with a total value of £2,982.24. Also, insider Irina Miklavchich acquired 4,000 shares of the company’s stock in a transaction dated Friday, April 17th. The shares were bought at an average price of GBX 700 per share, for a total transaction of £28,000. Corporate insiders own 1.08% of the company’s stock.

abrdn New India Investment Trust Company Profile

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