Aberdeen International (TSE:AAB) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Aberdeen International Inc. (TSE:AAB) shares passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.04 and traded as low as C$0.03. Aberdeen International shares last traded at C$0.03, with a volume of 33,000 shares.

Aberdeen International Trading Down 14.3 %

The company has a current ratio of 3.93, a quick ratio of 22.09 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of C$4.35 million, a price-to-earnings ratio of -0.38 and a beta of 1.83. The company has a fifty day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04.

Insiders Place Their Bets

In related news, Director Devidas Shetty sold 14,558,000 shares of the firm’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of C$0.05, for a total transaction of C$727,900.00. 14.75% of the stock is currently owned by corporate insiders.

Aberdeen International Company Profile

Aberdeen International Inc is a resource investment company and merchant bank. It focuses on small capitalization companies in the metals and mining sector. The company seeks to acquire equity participation in pre-IPO and early stage public resource companies with undeveloped or undervalued high-quality resources.