Insider Buying: Aberdeen New Dawn Investment Trust PLC (LON:ABD) Insider Acquires £61,750 in Stock

Aberdeen New Dawn Investment Trust PLC (LON:ABD) insider Stephen Souchon acquired 25,000 shares of the stock in a transaction on Tuesday, October 15th. The stock was acquired at an average cost of GBX 247 ($3.23) per share, for a total transaction of £61,750 ($80,687.31).

Shares of ABD opened at GBX 248 ($3.24) on Friday. Aberdeen New Dawn Investment Trust PLC has a twelve month low of GBX 2.68 ($0.03) and a twelve month high of GBX 265 ($3.46). The stock’s 50 day moving average is GBX 247.82 and its two-hundred day moving average is GBX 225.42. The firm has a market capitalization of $275.96 million and a PE ratio of 20.84. The company has a current ratio of 0.35, a quick ratio of 0.29 and a debt-to-equity ratio of 10.58.

About Aberdeen New Dawn Investment Trust

Aberdeen New Dawn Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. The fund is co-managed by Aberdeen Asset Management Asia Limited. It invests in the public equity markets of the Asia Pacific region, excluding Japan. The fund seeks to invest in stocks of companies operating across diversified sectors.

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