Asia Dragon Trust (LON:DGN) Stock Price Down 15.4%

Shares of Asia Dragon Trust plc (LON:DGNGet Free Report) were down 15.4% on Thursday . The company traded as low as GBX 346.53 ($4.40) and last traded at GBX 353 ($4.48). Approximately 208,345 shares changed hands during mid-day trading, a decline of 8% from the average daily volume of 226,956 shares. The stock had previously closed at GBX 417.39 ($5.29).

Asia Dragon Trust Stock Performance

The stock has a fifty day simple moving average of GBX 345.96 and a two-hundred day simple moving average of GBX 347.06. The firm has a market capitalization of £578.57 million, a P/E ratio of -400.00 and a beta of 0.54. The company has a debt-to-equity ratio of 8.35, a current ratio of 0.33 and a quick ratio of 0.17.

About Asia Dragon Trust

(Get Free Report)

Edinburgh Dragon Trust Plc is closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of the Asia Pacific region, excluding Japan and Australasia. It seeks to invest in stocks of companies operating across diversified sectors.

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