The India Fund Inc. (NYSE:IFN) went up by 0.34% from its latest closing price compared to the recent 1-year high of $22.19. The company’s stock price has collected -4.90% of loss in the last five trading sessions.
Is It Worth Investing in The India Fund Inc. (NYSE :IFN) Right Now?
The India Fund Inc. (NYSE:IFN) scored a price-to-earnings ratio above its average ratio, recording 8.54 x from its present earnings ratio.
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Today, the average trading volume of IFN was 98.79K shares.
IFN’s Market Performance
IFN stocks went down by -4.90% for the week, with a monthly drop of -9.02% and a quarterly performance of -2.68%, while its annual performance rate touched 41.83%. The volatility ratio for the week stands at 1.31% while the volatility levels for the past 30 days are set at 1.45% for The India Fund Inc.. The simple moving average for the period of the last 20 days is -5.22% for IFN stocks with a simple moving average of 7.28% for the last 200 days.
IFN Trading at -5.72% from the 50-Day Moving Average
After a stumble in the market that brought IFN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.70% of loss for the given period.
Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.31%, as shares sank -5.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.51% lower at present.
During the last 5 trading sessions, IFN fell by -4.34%, which changed the moving average for the period of 200-days by +23.31% in comparison to the 20-day moving average, which settled at $21.08. In addition, The India Fund Inc. saw 0.05% in overturn over a single year, with a tendency to cut further gains.