Aberdeen International (TSE:AAB) Stock Crosses Below 50-Day Moving Average of $0.05

Aberdeen International Inc. (TSE:AAB)’s share price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.05 and traded as low as C$0.05. Aberdeen International shares last traded at C$0.05, with a volume of 3,152 shares changing hands.

Aberdeen International Stock Performance

The company has a market cap of C$6.52 million, a PE ratio of -0.45 and a beta of 1.89. The company has a debt-to-equity ratio of 0.40, a current ratio of 4.33 and a quick ratio of 22.09. The business has a 50-day moving average of C$0.05 and a 200 day moving average of C$0.04.

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

Insider Activity at Aberdeen International

In other news, insider Stan Bharti acquired 780,000 shares of Aberdeen International stock in a transaction that occurred on Wednesday, July 3rd. The stock was bought at an average price of C$0.05 per share, for a total transaction of C$39,000.00. Over the last 90 days, insiders bought 1,177,000 shares of company stock worth $56,135. 14.82% of the stock is owned by insiders.

Aberdeen International Company Profile

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.