Abrdn (OTCMKTS:SLFPY) Sets New 1-Year High – Time to Buy?

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPYGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $12.91 and last traded at $12.91, with a volume of 300 shares traded. The stock had previously closed at $12.80.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Abrdn from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Read Our Latest Research Report on SLFPY

Abrdn Price Performance

The company’s 50 day moving average is $12.45 and its 200 day moving average is $11.70. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.11.

About Abrdn

(Get Free Report)

Abrdn plc is a global investment management company headquartered in Edinburgh, Scotland. Operating under the ticker OTCMKTS:SLFPY in the over-the-counter market, the firm delivers a broad range of financial products and services to institutional, wholesale and retail clients. Its offerings span equity, fixed income, multi-asset, real estate and private markets, with a focus on active management and thematic investing strategies.

The company’s core business activities include the management of pooled and segregated funds, advisory services and model portfolio solutions.

Recommended Stories

Receive News & Ratings for Abrdn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Abrdn and related companies with MarketBeat.com's FREE daily email newsletter.