abrdn (LON:ABDN) Trading Down 1% – Here’s What Happened

abrdn plc (LON:ABDNGet Free Report) fell 1% on Tuesday . The company traded as low as GBX 135.60 ($1.71) and last traded at GBX 137.10 ($1.73). 2,262,341 shares changed hands during mid-day trading, a decline of 74% from the average session volume of 8,565,136 shares. The stock had previously closed at GBX 138.45 ($1.74).

abrdn Price Performance

The company has a market cap of £2.45 billion, a price-to-earnings ratio of 808.53, a P/E/G ratio of 12.70 and a beta of 1.25. The company’s 50-day simple moving average is GBX 149.88 and its 200-day simple moving average is GBX 153.08. The company has a debt-to-equity ratio of 11.74, a current ratio of 225.80 and a quick ratio of 24.97.

abrdn Company Profile

(Get Free Report)

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.

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