Insider Buying: abrdn plc (LON:ABDN) Insider Acquires 357,635 Shares of Stock

abrdn plc (LON:ABDN) insider Jason Windsor acquired 357,635 shares of the business’s stock in a transaction on Wednesday, December 18th. The stock was acquired at an average cost of GBX 139 ($1.75) per share, for a total transaction of £497,112.65 ($624,748.84).

abrdn Price Performance

Shares of ABDN stock opened at GBX 139.20 ($1.75) on Friday. The company’s 50-day simple moving average is GBX 142.89 and its two-hundred day simple moving average is GBX 150.94. The company has a debt-to-equity ratio of 11.74, a current ratio of 225.80 and a quick ratio of 24.97. abrdn plc has a one year low of GBX 131.10 ($1.65) and a one year high of GBX 185 ($2.32). The company has a market capitalization of £2.48 billion, a P/E ratio of 818.82, a P/E/G ratio of 12.70 and a beta of 1.25.

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.