Abrdn (OTCMKTS:SLFPY) Sees Large Volume Increase – What’s Next?

Shares of Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY) saw an uptick in trading volume on Thursday . 2,070 shares changed hands during mid-day trading, an increase of 99% from the previous session’s volume of 1,038 shares.The stock last traded at $10.74 and had previously closed at $10.50.

Analyst Ratings Changes

A number of analysts have weighed in on SLFPY shares. Kepler Capital Markets raised shares of Abrdn to a “hold” rating in a report on Thursday, December 4th. Royal Bank Of Canada raised Abrdn from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 20th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Abrdn presently has an average rating of “Hold”.

Abrdn Stock Up 2.3%

The company has a 50 day simple moving average of $10.80 and a 200-day simple moving average of $10.64.

Abrdn Company Profile

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.