abrdn Asia Focus (LON:AAS) Reaches New 12-Month High – Should You Buy?

abrdn Asia Focus plc (LON:AAS) hit a new 52-week high on Thursday . The stock traded as high as GBX 384 and last traded at GBX 383, with a volume of 183014 shares changing hands. The stock had previously closed at GBX 379.

abrdn Asia Focus Trading Down 0.3%

The business’s fifty day simple moving average is GBX 367.25 and its 200 day simple moving average is GBX 357.06. The stock has a market cap of £538.64 million, a price-to-earnings ratio of 6.65 and a beta of 0.62.

abrdn Asia Focus (LON:AAS) last released its quarterly earnings data on Thursday, October 23rd. The company reported GBX 7.44 EPS for the quarter. abrdn Asia Focus had a return on equity of 7.71% and a net margin of 66.01%.

Insider Buying and Selling

In other abrdn Asia Focus news, insider Alex Finn bought 4,000 shares of abrdn Asia Focus stock in a transaction on Tuesday, November 4th. The shares were purchased at an average cost of GBX 378 per share, for a total transaction of £15,120. Also, insider Charlotte Black purchased 2,500 shares of the stock in a transaction on Tuesday, November 4th. The stock was acquired at an average price of GBX 378 per share, with a total value of £9,450. 0.08% of the stock is currently owned by insiders.

About abrdn Asia Focus

A fundamental, high conviction portfolio of well-researched Asian small caps.