Aberdeen Standard Asia Focus (LON:AAS) Stock Passes Above 50-Day Moving Average of $964.62

Aberdeen Standard Asia Focus PLC (LON:AAS)’s share price crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $964.62 and traded as high as $977.00. Aberdeen Standard Asia Focus shares last traded at $958.00, with a volume of 17,218 shares traded.

The firm has a market capitalization of $318.03 million and a price-to-earnings ratio of 34.88. The business’s 50-day simple moving average is GBX 964.62 and its two-hundred day simple moving average is GBX 930.63. The company has a quick ratio of 0.48, a current ratio of 0.48 and a debt-to-equity ratio of 13.54.

In other news, insider Krishna Shanmuganathan purchased 1,054 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was bought at an average price of GBX 943 ($11.60) per share, for a total transaction of £9,939.22 ($12,231.38).

Aberdeen Standard Asia Focus Company Profile (LON:AAS)

Aberdeen Asian Smaller Companies Investment Trust PLC is an investment company. The Company aims to maximize total return to shareholders over the long term from a portfolio of smaller quoted companies in the economies of Asia and Australasia, excluding Japan. The Company’s assets are invested in a diversified portfolio of securities (including equity shares, preference shares, convertible securities, warrants and other equity-related securities) in quoted smaller companies spread across a range of industries and economies in the investment region, including Australia, Bangladesh, China, Hong Kong, India, Indonesia, Korea, Malaysia, New Zealand, Pakistan, The Philippines, Singapore, Sri Lanka, Taiwan and Thailand, together with such other countries in Asia (the investment region).

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