Shares of abrdn New India Investment Trust (LON:ANII – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as GBX 770 ($9.67) and last traded at GBX 760 ($9.55), with a volume of 52443 shares changing hands. The stock had previously closed at GBX 758 ($9.52).
abrdn New India Investment Trust Stock Performance
The stock has a 50-day moving average price of GBX 678.38 and a 200 day moving average price of GBX 647.52. The firm has a market capitalization of £403.30 million, a price-to-earnings ratio of -1,253.33 and a beta of 0.39. The company has a quick ratio of 0.22, a current ratio of 0.33 and a debt-to-equity ratio of 8.36.
About abrdn New India Investment Trust
Aberdeen New India Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.
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