Abrdn (OTCMKTS:SLFPY) Shares Gap Down – What’s Next?

Shares of Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPYGet Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $13.60, but opened at $13.15. Abrdn shares last traded at $13.15, with a volume of 100 shares changing hands.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group downgraded Abrdn from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold”.

Get Our Latest Report on Abrdn

Abrdn Stock Performance

The business’s 50-day simple moving average is $13.38 and its 200 day simple moving average is $12.34. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.10 and a current ratio of 2.10.

Abrdn Company Profile

(Get Free Report)

Abrdn plc is a global investment management company headquartered in Edinburgh, Scotland. Operating under the ticker OTCMKTS:SLFPY in the over-the-counter market, the firm delivers a broad range of financial products and services to institutional, wholesale and retail clients. Its offerings span equity, fixed income, multi-asset, real estate and private markets, with a focus on active management and thematic investing strategies.

The company’s core business activities include the management of pooled and segregated funds, advisory services and model portfolio solutions.

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