Shore Capital Reaffirms “House Stock” Rating for abrdn China Investment (LON:ACIC)

abrdn China Investment (LON:ACIC – Get Rating)‘s stock had its “house stock” rating reiterated by analysts at Shore Capital in a report issued on Wednesday, MarketBeat Ratings reports.

abrdn China Investment Stock Up 0.8 %

Shares of LON:ACIC opened at GBX 476 ($5.92) on Wednesday. The company has a debt-to-equity ratio of 2.60, a current ratio of 10.59 and a quick ratio of 9.69. The company has a market capitalization of £207.44 million, a PE ratio of -163.01 and a beta of 0.65. abrdn China Investment has a 1 year low of GBX 438.50 ($5.45) and a 1 year high of GBX 638 ($7.94). The business has a fifty day moving average price of GBX 511.88 and a two-hundred day moving average price of GBX 547.21.

About abrdn China Investment

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abrdn China Investment Company Limited is a close-ended equity fund of funds launched and managed by Aberdeen Emerging Capital Limited. The fund invests both directly and through other funds in public equity markets of emerging market countries across the globe, with a focus on Asia, Eastern Europe, the Middle East, Africa, and Latin America.