Aberdeen International (TSE:AAB) Share Price Passes Below Two Hundred Day Moving Average – Here’s Why

Aberdeen International Inc. (TSE:AABGet Free Report) shares crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.04 and traded as low as C$0.03. Aberdeen International shares last traded at C$0.03, with a volume of 1,000 shares trading hands.

Aberdeen International Stock Performance

The firm has a market capitalization of C$4.35 million, a PE ratio of -0.38 and a beta of 1.83. The company has a current ratio of 3.93, a quick ratio of 22.09 and a debt-to-equity ratio of 0.43. The business’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.04.

Aberdeen International Company Profile

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Aberdeen International Inc is a resource investment company and merchant bank. It focuses on small capitalization companies in the metals and mining sector. The company seeks to acquire equity participation in pre-IPO and early stage public resource companies with undeveloped or undervalued high-quality resources.

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