abrdn (LON:ABDN) Posts Quarterly Earnings Results

abrdn (LON:ABDNGet Free Report) posted its quarterly earnings data on Tuesday. The company reported GBX 15.20 ($0.19) earnings per share 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 Down 1.4 %

LON ABDN traded down GBX 2.45 ($0.03) during mid-day trading on Wednesday, hitting GBX 172 ($2.20). The company’s stock had a trading volume of 7,337,006 shares, compared to its average volume of 6,829,312. The firm has a market capitalization of £3.08 billion, a price-to-earnings ratio of 9.78, a PEG ratio of 12.70 and a beta of 1.25. The company’s 50 day simple moving average is GBX 148.68 and its 200 day simple moving average is GBX 147.85. abrdn has a twelve month low of GBX 130.50 ($1.67) and a twelve month high of GBX 186.48 ($2.39). The company has a current ratio of 225.80, a quick ratio of 24.97 and a debt-to-equity ratio of 12.25.

Insider Activity at abrdn

In other abrdn news, insider Jason Windsor bought 357,635 shares of the firm’s stock in a transaction that occurred on Wednesday, December 18th. The shares were bought at an average price of GBX 139 ($1.78) per share, for a total transaction of £497,112.65 ($635,937.89). 2.41% of the stock is owned by insiders.

abrdn Company Profile

(Get Free Report)

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

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