abrdn Asian Income Fund (LON:AAIF) Share Price Crosses Above 50-Day Moving Average – What’s Next?

abrdn Asian Income Fund (LON:AAIFGet Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 288.44 and traded as high as GBX 326. abrdn Asian Income Fund shares last traded at GBX 319, with a volume of 376,445 shares trading hands.

abrdn Asian Income Fund Price Performance

The company has a quick ratio of 0.11, a current ratio of 0.63 and a debt-to-equity ratio of 7.72. The firm’s 50-day moving average is GBX 288.44 and its 200-day moving average is GBX 274.86. The company has a market cap of £457.89 million, a PE ratio of 6.31 and a beta of 0.67.

abrdn Asian Income Fund (LON:AAIFGet Free Report) last announced its quarterly earnings results on Wednesday, March 18th. The company reported GBX 14.73 earnings per share (EPS) for the quarter. abrdn Asian Income Fund had a net margin of 89.27% and a return on equity of 19.40%.

About abrdn Asian Income Fund

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