abrdn (LON:ABDN) Sets New 1-Year Low – Time to Sell?

Shares of abrdn plc (LON:ABDNGet Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 134 ($1.74) and last traded at GBX 134.70 ($1.75), with a volume of 6906146 shares. The stock had previously closed at GBX 135.95 ($1.76).

abrdn Price Performance

The company’s 50-day moving average is GBX 154.67 and its 200-day moving average is GBX 154.02. The firm has a market capitalization of £2.40 billion, a price-to-earnings ratio of 799.71, a PEG ratio of 12.70 and a beta of 1.25. The company has a debt-to-equity ratio of 11.74, a current ratio of 225.80 and a quick ratio of 24.97.

abrdn Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, September 24th. Shareholders of record on Thursday, August 15th were issued a GBX 7.30 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, August 15th. This represents a dividend yield of 4.56%. abrdn’s dividend payout ratio (DPR) is presently 8,823.53%.

About abrdn

(Get Free Report)

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.

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