Aberdeen International (TSE:AAB) Trading Down 13.3%

Aberdeen International Inc. (TSE:AAB) fell 13.3% during mid-day trading on Friday . The company traded as low as C$0.06 and last traded at C$0.07. 165,510 shares traded hands during mid-day trading, a decline of 15% from the average session volume of 193,699 shares. The stock had previously closed at C$0.08.

Aberdeen International Trading Down 13.3 %

The stock has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.03. The company has a debt-to-equity ratio of 0.23, a quick ratio of 22.09 and a current ratio of 7.74. The company has a market capitalization of C$9.42 million, a PE ratio of -0.63 and a beta of 1.90.

Aberdeen International (TSE:AAB) last released its quarterly earnings data on Wednesday, June 12th. The company reported C($0.01) EPS for the quarter. The business had revenue of C$0.01 million for the quarter.

Insider Activity at Aberdeen International

In other Aberdeen International news, insider Stan Bharti purchased 780,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 3rd. The stock was purchased at an average cost of C$0.05 per share, with a total value of C$39,000.00. In the last ninety days, insiders have bought 1,177,000 shares of company stock worth $56,135. Insiders own 13.25% of the company’s stock.

About Aberdeen International

Aberdeen International Inc, a resource investment and merchant banking company, focuses on small capitalization companies in the rare metals and renewal energy sectors. The company intends to acquire equity participation in pre-IPO and early-stage public resource companies with undeveloped or undervalued resources and assets; companies in need of managerial, technical, and financial resources; companies undervalued in foreign capital markets; and companies operating in jurisdictions with low to moderate local political risk.