abrdn (LON:ABDN) Issues Earnings Results

abrdn (LON:ABDNGet Free Report) announced its quarterly earnings data on Tuesday. The company reported GBX 15.20 ($0.20) 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 Up 1.5 %

abrdn stock opened at GBX 175.50 ($2.26) on Thursday. The stock’s 50 day moving average price is GBX 149.35 and its 200 day moving average price is GBX 148. The company has a market cap of £3.14 billion, a PE ratio of 9.98, 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. abrdn has a 1-year low of GBX 130.50 ($1.68) and a 1-year high of GBX 186.48 ($2.40).

Insider Buying and Selling at abrdn

In other news, insider Jason Windsor purchased 357,635 shares of the stock in a transaction that occurred on Wednesday, December 18th. The shares were acquired at an average price of GBX 139 ($1.79) per share, for a total transaction of £497,112.65 ($640,774.23). 2.41% of the stock is owned by corporate 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.

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