Abrdn (OTCMKTS:SLFPY) Shares Gap Down – Here’s Why

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPYGet Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $12.6325, but opened at $11.99. Abrdn shares last traded at $11.99, with a volume of 180 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Kepler Capital Markets raised shares of Abrdn to a “hold” rating in a research note on Thursday, December 4th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

View Our Latest Analysis on SLFPY

Abrdn Stock Performance

The company’s 50 day moving average price is $10.97 and its 200-day moving average price is $10.83.

About Abrdn

(Get Free Report)

Abrdn plc is a global investment management company headquartered in Edinburgh, Scotland. Operating under the ticker OTCMKTS:SLFPY in the over-the-counter market, the firm delivers a broad range of financial products and services to institutional, wholesale and retail clients. Its offerings span equity, fixed income, multi-asset, real estate and private markets, with a focus on active management and thematic investing strategies.

The company’s core business activities include the management of pooled and segregated funds, advisory services and model portfolio solutions.

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