Aberdeen International (TSE:AAB) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Aberdeen International Inc. (TSE:AABGet Free Report)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.03 and traded as high as C$0.04. Aberdeen International shares last traded at C$0.04, with a volume of 1,000 shares traded.

Aberdeen International Stock Up 16.7 %

The firm has a market cap of C$5.07 million, a PE ratio of -0.44 and a beta of 1.83. The company has a quick ratio of 22.09, a current ratio of 3.93 and a debt-to-equity ratio of 0.43. The business has a 50-day moving average price of C$0.03 and a two-hundred day moving average price of C$0.04.

Insiders Place Their Bets

In related news, Director Devidas Shetty sold 14,558,000 shares of Aberdeen International stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of C$0.05, for a total value of C$727,900.00. 14.75% of the stock is owned by company insiders.

About Aberdeen International

(Get Free Report)

Aberdeen International Inc is a resource investment company and merchant bank. It focuses on small capitalization companies in the metals and mining sector. The company seeks to acquire equity participation in pre-IPO and early stage public resource companies with undeveloped or undervalued high-quality resources.

Further Reading

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