abrdn New India Investment Trust (LON:ANII) Shares Up 0.5% – Here’s What Happened

abrdn New India Investment Trust (LON:ANIIGet Free Report) was up 0.5% on Friday . The stock traded as high as GBX 824.80 ($10.25) and last traded at GBX 824 ($10.24). Approximately 57,492 shares were traded during trading, an increase of 10% from the average daily volume of 52,160 shares. The stock had previously closed at GBX 820 ($10.19).

abrdn New India Investment Trust Stock Up 0.5 %

The company has a debt-to-equity ratio of 6.08, a current ratio of 0.31 and a quick ratio of 0.22. The company has a 50-day moving average of GBX 792.08 and a two-hundred day moving average of GBX 796.85. The company has a market capitalization of £420.08 million, a PE ratio of 487.57 and a beta of 0.46.

About abrdn New India Investment Trust

(Get Free Report)

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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