abrdn (OTCMKTS:SLFPY) Trading Down 4.1% – Here’s Why

abrdn plc (OTCMKTS:SLFPY)’s stock price dropped 4.1% on Wednesday . The stock traded as low as $6.81 and last traded at $6.81. Approximately 275 shares were traded during mid-day trading, a decline of 75% from the average daily volume of 1,090 shares. The stock had previously closed at $7.10.

Analyst Upgrades and Downgrades

SLFPY has been the subject of a number of research reports. Barclays raised shares of abrdn to a “strong sell” rating in a report on Thursday, October 10th. Citigroup raised abrdn to a “hold” rating in a report on Thursday, October 10th.

abrdn Stock Performance

The stock has a 50-day moving average price of $7.29 and a two-hundred day moving average price of $7.70.

About abrdn

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.