abrdn Diversified Income & Growth (LON:ADIG) Shares Up 1.4% – Still a Buy?

abrdn Diversified Income & Growth (LON:ADIG) traded up 1.4% during trading on Tuesday . The stock traded as high as GBX 43.79 ($0.55) and last traded at GBX 43.69 ($0.55). 62,538 shares were traded during mid-day trading, a decline of 91% from the average session volume of 664,945 shares. The stock had previously closed at GBX 43.10 ($0.54).

abrdn Diversified Income & Growth Price Performance

The company has a current ratio of 3.12, a quick ratio of 1.70 and a debt-to-equity ratio of 5.75. The company has a 50 day simple moving average of GBX 42.91 and a 200 day simple moving average of GBX 48.58. The stock has a market cap of £131.63 million, a P/E ratio of -2,184.55 and a beta of 0.31.

abrdn Diversified Income & Growth Company Profile

Abrdn Diversified Income And Growth Plc is a closed ended balanced mutual fund launched by BlackRock Fund Managers Limited. The fund is co-managed by BlackRock Investment Management (UK) Limited and Aberdeen Fund Managers Limited. It invests in public equity and fixed income markets across the globe.