abrdn New India Investment Trust (LON:ANII – Get Free Report) issued its quarterly earnings results on Thursday. The company reported GBX (3.36) earnings per share for the quarter, Digital Look Earnings reports. The company had revenue of GBX 385 million during the quarter. abrdn New India Investment Trust had a net margin of 144.09% and a negative return on equity of 15.86%.
abrdn New India Investment Trust Price Performance
ANII opened at GBX 718.93 on Friday. abrdn New India Investment Trust has a 52 week low of GBX 606 and a 52 week high of GBX 834. The company has a fifty day moving average price of GBX 679.23 and a two-hundred day moving average price of GBX 714.47. The company has a debt-to-equity ratio of 5.78, a quick ratio of 0.22 and a current ratio of 6.70. The firm has a market capitalization of £311.89 million, a PE ratio of -5.60 and a beta of 0.29.
Insider Transactions at abrdn New India Investment Trust
In other news, insider Irina Miklavchich purchased 4,000 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The shares were acquired at an average cost of GBX 700 per share, for a total transaction of £28,000. Also, insider Francesca Ecsery acquired 436 shares of abrdn New India Investment Trust stock in a transaction that occurred on Thursday, May 7th. The shares were purchased at an average cost of GBX 684 per share, for a total transaction of £2,982.24. Corporate insiders own 1.08% of the company’s stock.
abrdn New India Investment Trust Company Profile
Looking for world-class, well governed companies at the heart of India’s growth story
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