Aberdeen International (OTCMKTS:AABVF) Share Price Passes Below 50-Day Moving Average – What’s Next?
by Kim Johansen · The Markets DailyAberdeen International Inc. (OTCMKTS:AABVF – Get Free Report)’s stock price crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.02 and traded as low as $0.0198. Aberdeen International shares last traded at $0.02, with a volume of 24,001 shares changing hands.
Aberdeen International Stock Performance
The stock’s 50 day moving average price is $0.02 and its 200-day moving average price is $0.02.
About Aberdeen International
Aberdeen International Inc, a resource investment and merchant banking company, focuses on small capitalization companies in the rare metals and renewal energy sectors. The company intends to acquire equity participation in pre-IPO and early-stage public resource companies with undeveloped or undervalued resources and assets; companies in need of managerial, technical, and financial resources; companies undervalued in foreign capital markets; and companies operating in jurisdictions with low to moderate local political risk.