Invesco Asia Dragon Trust (LON:IAD) Stock Price Breaks Above Two Hundred Day Moving Average – Here’s What Happened

Invesco Asia Dragon Trust (LON:IAD – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of GBX 469.98 and traded as high as GBX 475. Invesco Asia Dragon Trust shares last traded at GBX 474, with a volume of 856,553 shares.

Invesco Asia Dragon Trust Price Performance

The business’s 50-day simple moving average is GBX 492.03 and its two-hundred day simple moving average is GBX 470.03. The stock has a market capitalization of £937.28 million and a price-to-earnings ratio of 3.39.

Insider Buying and Selling at Invesco Asia Dragon Trust

In other Invesco Asia Dragon Trust news, insider Nicole Yuen purchased 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 8th. The stock was purchased at an average cost of GBX 504 per share, with a total value of £10,080. Also, insider Sonya Huen Rogerson purchased 10,253 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was bought at an average price of GBX 505 per share, with a total value of £51,777.65. Insiders have purchased a total of 13,253 shares of company stock worth $6,688,765 in the last 90 days. Company insiders own 0.22% of the company’s stock.

Invesco Asia Dragon Trust Company Profile

(Get Free Report)

Invesco Asia Dragon Trust plc (LON: IAD) is a closed‑end investment trust listed on the London Stock Exchange that provides investors with exposure to equity markets across the Asia and Asia‑Pacific region. The trust is managed by investment teams within Invesco, offering a vehicle for institutional and retail investors to gain diversified access to companies across a range of industries in the region through a single listed security.

The trust’s primary activity is active portfolio management of Asian equities with the objective of long‑term capital growth.

Recommended Stories

Receive News & Ratings for Invesco Asia Dragon Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Asia Dragon Trust and related companies with MarketBeat.com's FREE daily email newsletter.