Insider Buying: abrdn plc (LON:ABDN) Insider Purchases 11,612 Shares of Stock

abrdn plc (LON:ABDN) insider Douglas J. Flint purchased 11,612 shares of the business’s stock in a transaction on Thursday, June 27th. The stock was purchased at an average price of GBX 149 ($1.89) per share, for a total transaction of £17,301.88 ($21,948.34).

abrdn Stock Up 0.7 %

ABDN stock opened at GBX 149.85 ($1.90) on Friday. abrdn plc has a twelve month low of GBX 134.60 ($1.71) and a twelve month high of GBX 238 ($3.02). The company has a quick ratio of 24.97, a current ratio of 3.48 and a debt-to-equity ratio of 16.15. The stock’s 50 day moving average is GBX 150.35 and its 200-day moving average is GBX 157.28. The firm has a market capitalization of £2.67 billion, a PE ratio of -777.25, a P/E/G ratio of 12.70 and a beta of 1.28.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated 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.