Abrdn (OTCMKTS:SLFPY) Trading Down 0.5% – Here’s Why

Shares of Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY – Get Free Report) dropped 0.5% during trading on Tuesday . The company traded as low as $13.43 and last traded at $13.43. Approximately 567 shares were traded during mid-day trading, an increase of 5,627% from the average session volume of 10 shares. The stock had previously closed at $13.50.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group downgraded Abrdn from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, Abrdn has an average rating of “Hold”.

Get Abrdn alerts:

Check Out Our Latest Stock Report on SLFPY

Abrdn Trading Down 0.5%

The company has a debt-to-equity ratio of 0.11, a current ratio of 2.10 and a quick ratio of 2.10. The stock has a 50-day simple moving average of $13.07 and a 200-day simple moving average of $12.10.

About Abrdn

(Get Free Report)

Abrdn plc is a global investment management company headquartered in Edinburgh, Scotland. Operating under the ticker OTCMKTS:SLFPY in the over-the-counter market, the firm delivers a broad range of financial products and services to institutional, wholesale and retail clients. Its offerings span equity, fixed income, multi-asset, real estate and private markets, with a focus on active management and thematic investing strategies.

The company’s core business activities include the management of pooled and segregated funds, advisory services and model portfolio solutions.

Featured Stories

• Five stocks we like better than Abrdn
• System Upgrade: First Internet Bancorp Options Surge
• AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
• The AI Chip Blockade Is Creating a Shadow Market
• Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter

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