Insider Buying: abrdn plc (LON:ABDN) Insider Acquires £17,301.88 in Stock

abrdn plc (LON:ABDN) insider Douglas J. Flint bought 11,612 shares of abrdn stock in a transaction on Thursday, June 27th. The stock was acquired at an average cost of GBX 149 ($1.89) per share, with a total value of £17,301.88 ($21,948.34).

abrdn Trading Down 0.4 %

LON:ABDN opened at GBX 148.20 ($1.88) on Monday. The company has a market capitalization of £2.64 billion, a PE ratio of -777.25, a price-to-earnings-growth ratio of 12.70 and a beta of 1.28. The company has a quick ratio of 24.97, a current ratio of 3.48 and a debt-to-equity ratio of 16.15. abrdn plc has a 52-week low of GBX 134.60 ($1.71) and a 52-week high of GBX 238 ($3.02). The stock has a fifty day simple moving average of GBX 150.59 and a 200-day simple moving average of GBX 156.84.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “hold” rating and issued a GBX 155 ($1.97) target price on shares of abrdn in a report on Thursday, June 13th.

About abrdn

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.