abrdn (LON:ABDN) Trading Down 1% – Should You Sell?

abrdn plc (LON:ABDNGet Free Report)’s stock price fell 1% during mid-day trading on Tuesday . The company traded as low as GBX 135.60 ($1.71) and last traded at GBX 137.10 ($1.73). 2,262,341 shares changed hands during trading, a decline of 74% from the average session volume of 8,565,136 shares. The stock had previously closed at GBX 138.45 ($1.74).

abrdn Stock Performance

The company has a current ratio of 225.80, a quick ratio of 24.97 and a debt-to-equity ratio of 11.74. The stock’s 50-day moving average is GBX 149.88 and its 200-day moving average is GBX 153.08. The stock has a market cap of £2.45 billion, a price-to-earnings ratio of 808.53, a P/E/G ratio of 12.70 and a beta of 1.25.

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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