abrdn New India Investment Trust (LON:ANII) Trading Up 0.3% – Still a Buy?

abrdn New India Investment Trust (LON:ANII)’s share price traded up 0.3% during trading on Thursday . The stock traded as high as GBX 728 and last traded at GBX 728. 42,087 shares were traded during trading, a decline of 60% from the average daily volume of 104,016 shares. The stock had previously closed at GBX 726.

abrdn New India Investment Trust Stock Performance

The company has a debt-to-equity ratio of 4.00, a current ratio of 0.63 and a quick ratio of 0.22. The company has a market cap of £312.73 million, a PE ratio of -3.94 and a beta of 0.27. The business has a fifty day simple moving average of GBX 721.84 and a two-hundred day simple moving average of GBX 699.46.

abrdn New India Investment Trust (LON:ANII) last posted its earnings results on Thursday, June 18th. The company reported GBX (3.36) earnings per share (EPS) for the quarter. abrdn New India Investment Trust had a negative net margin of 2,108.76% and a negative return on equity of 24.12%. The company had revenue of GBX 385 million during the quarter.

Insider Buying and Selling at abrdn New India Investment Trust

In other abrdn New India Investment Trust news, insider Francesca Ecsery bought 405 shares of abrdn New India Investment Trust stock in a transaction that occurred on Wednesday, August 5th. The shares were bought at an average cost of GBX 734 per share, with a total value of £2,972.70. 1.10% of the stock is owned by insiders.

abrdn New India Investment Trust Company Profile

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