Abrdn (OTCMKTS:SLFPY) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

Abrdn PLC Unsponsored ADR (OTCMKTS:SLFPY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $10.62, but opened at $9.90. Abrdn shares last traded at $9.90, with a volume of 194 shares trading hands.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded Abrdn from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 20th. Two equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Abrdn currently has an average rating of “Reduce”.

View Our Latest Stock Report on SLFPY

Abrdn Price Performance

The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.92 and a current ratio of 1.92. The business’s 50 day simple moving average is $10.72 and its 200-day simple moving average is $9.41.

Abrdn Company Profile

(Get Free Report)

abrdn plc provides asset management services in the United Kingdom, Europe, North America, and Asia. The company offers investment solutions and funds; long-term savings and investment products to individual and corporate customers; and life insurance and savings products. It provides its products through institutional, wholesale, and retail distribution channels.

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