abrdn New India Investment Trust (LON:ANII) Announces Earnings Results

abrdn New India Investment Trust (LON:ANII) posted its quarterly earnings data on Thursday. The company reported GBX (0.32) earnings per share for the quarter, Digital Look Earnings reports. abrdn New India Investment Trust had a return on equity of 26.93% and a net margin of 77.86%.

abrdn New India Investment Trust Stock Up 0.3%

Shares of ANII stock opened at GBX 774 on Friday. The firm has a fifty day moving average of GBX 795.68 and a 200-day moving average of GBX 797.71. The company has a market capitalization of £347.53 million, a price-to-earnings ratio of 12.35 and a beta of 0.46. The company has a quick ratio of 0.22, a current ratio of 0.47 and a debt-to-equity ratio of 3.98. abrdn New India Investment Trust has a 12-month low of GBX 663.37 and a 12-month high of GBX 834.

Insider Activity

In other news, insider David Simpson bought 3,250 shares of the company’s stock in a transaction dated Tuesday, October 28th. The shares were bought at an average cost of GBX 799 per share, with a total value of £25,967.50. Also, insider Rebecca Donaldson purchased 632 shares of abrdn New India Investment Trust stock in a transaction that occurred on Tuesday, September 16th. The shares were acquired at an average price of GBX 790 per share, with a total value of £4,992.80. 1.03% of the stock is owned by insiders.

About abrdn New India Investment Trust

Looking for world-class, well governed companies at the heart of India’s growth story