abrdn (LON:ABDN – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported GBX 15.20 ($0.20) earnings per share (EPS) for the quarter, Digital Look Earnings reports. abrdn had a return on equity of 6.46% and a net margin of 21.19%.
abrdn Stock Up 1.4 %
Shares of ABDN stock traded up GBX 2.43 ($0.03) during trading hours on Thursday, reaching GBX 175.28 ($2.26). The company had a trading volume of 9,042,027 shares, compared to its average volume of 6,808,141. The business has a fifty day simple moving average of GBX 149.35 and a 200-day simple moving average of GBX 148. abrdn has a 12 month low of GBX 130.50 ($1.68) and a 12 month high of GBX 186.48 ($2.40). The company has a market cap of £3.14 billion, a price-to-earnings ratio of 9.96, a price-to-earnings-growth ratio of 12.70 and a beta of 1.25. The company has a debt-to-equity ratio of 12.25, a current ratio of 225.80 and a quick ratio of 24.97.
Insider Buying and Selling at abrdn
In other abrdn news, insider Jason Windsor bought 357,635 shares of the business’s stock in a transaction dated Wednesday, December 18th. The shares were purchased at an average price of GBX 139 ($1.79) per share, for a total transaction of £497,112.65 ($640,774.23). Company insiders own 2.41% of the company’s stock.
About abrdn
abrdn is a global investment company that helps clients and customers plan, save, and invest for the future.
Our purpose is to enable our clients to be better investors.
Our strategy is to deliver client-led growth. We are structured around three businesses – Investments, Adviser and interactive investor – focused on the changing needs of our clients.
The capabilities in our Investments business are built on the strength of our insight – generated from wide-ranging research, worldwide investment expertise and local market knowledge.
Our Adviser business provides financial planning solutions and technology for UK financial advisers, enabling them to create value for their businesses and their clients.
interactive investor, the UK’s second largest direct-to-consumer investment platform, enables individuals in the UK to plan, save and invest in the way that works for them.
abrdn.com
The value of investments and the income from them can go down as well as up and investors may get back less than the amount invested.
Further Reading
- Five stocks we like better than abrdn
- Best Stocks Under $10.00
- Super Micro Computer Is Now NASDAQ Compliant—But Is It a Buy?
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Taiwan Semi’s $100 Billion Investment: Fate of the Chipmakers
- The How and Why of Investing in Gold Stocks
- 3 Stocks Primed for Compounding Wealth This Decade
Receive News & Ratings for abrdn Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn and related companies with MarketBeat.com's FREE daily email newsletter.
