abrdn New India Investment Trust (LON:ANII) Releases Quarterly Earnings Results

abrdn New India Investment Trust (LON:ANII) posted its quarterly earnings results on Thursday. The company reported GBX (3.36) EPS for the quarter, Digital Look Earnings reports. abrdn New India Investment Trust had a negative return on equity of 15.86% and a net margin of 144.09%.The business had revenue of GBX 385 million for the quarter.

abrdn New India Investment Trust Stock Performance

LON:ANII opened at GBX 726 on Friday. abrdn New India Investment Trust has a twelve month low of GBX 606 and a twelve month high of GBX 834. The company has a quick ratio of 0.22, a current ratio of 6.70 and a debt-to-equity ratio of 5.78. The stock’s 50-day simple moving average is GBX 679.85 and its 200 day simple moving average is GBX 714.55. The firm has a market capitalization of £314.96 million, a PE ratio of -5.66 and a beta of 0.29.

Insider Activity

In other abrdn New India Investment Trust news, insider Francesca Ecsery bought 436 shares of the stock in a transaction on Thursday, May 7th. The stock was purchased at an average price of GBX 684 per share, with a total value of £2,982.24. Also, insider Irina Miklavchich bought 4,000 shares of the company’s stock in a transaction dated Friday, April 17th. The stock was bought at an average cost of GBX 700 per share, with a total value of £28,000. 1.08% of the stock is currently owned by insiders.

About abrdn New India Investment Trust

Looking for world-class, well governed companies at the heart of India’s growth story