abrdn Asia Focus (LON:AAS) Share Price Passes Below 50 Day Moving Average – Time to Sell?

abrdn Asia Focus plc (LON:AAS)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 365.14 and traded as low as GBX 362.40. abrdn Asia Focus shares last traded at GBX 363, with a volume of 252,496 shares traded.

abrdn Asia Focus Stock Performance

The stock has a market cap of £517.68 million, a P/E ratio of 6.38 and a beta of 0.62. The firm’s 50 day moving average is GBX 365.14 and its 200 day moving average is GBX 348.51.

abrdn Asia Focus (LON:AAS) last announced its earnings results on Thursday, October 23rd. The company reported GBX 7.44 earnings per share for the quarter. abrdn Asia Focus had a net margin of 66.01% and a return on equity of 7.71%.

Insider Transactions at abrdn Asia Focus

In related news, insider Charlotte Black acquired 2,500 shares of the business’s stock in a transaction dated Tuesday, November 4th. The shares were purchased at an average price of GBX 378 per share, for a total transaction of £9,450. Also, insider Alex Finn acquired 4,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 4th. The stock was bought at an average cost of GBX 378 per share, with a total value of £15,120. Company insiders own 0.11% of the company’s stock.

abrdn Asia Focus Company Profile

A fundamental, high conviction portfolio of well-researched Asian small caps.