abrdn Japan Investment Trust (LON:AJIT) Share Price Passes Below Two Hundred Day Moving Average – Should You Sell?

abrdn Japan Investment Trust plc (LON:AJITGet Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 585 ($7.38) and traded as low as GBX 585 ($7.38). abrdn Japan Investment Trust shares last traded at GBX 585 ($7.38), with a volume of 0 shares changing hands.

abrdn Japan Investment Trust Stock Performance

The stock has a market capitalization of £72.72 million, a P/E ratio of -1,720.59 and a beta of 0.46. The company’s fifty day simple moving average is GBX 585 and its two-hundred day simple moving average is GBX 585. The company has a debt-to-equity ratio of 12.44, a quick ratio of 0.12 and a current ratio of 0.10.

abrdn Japan Investment Trust Company Profile

(Get Free Report)

Aberdeen Japan Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund invests in the public equity markets of Japan. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies across all market capitalizations.

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