Looking Closely at the Growth Curve for Aberdeen Australia Equity Fund Inc. (IAF)

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Aberdeen Australia Equity Fund Inc. (NYSE:IAF) went down by -9.39% from its latest closing price compared to the recent 1-year high of $6.61. The company’s stock price has collected -7.30% of loss in the last five trading sessions.

Is It Worth Investing in Aberdeen Australia Equity Fund Inc. (NYSE :IAF) Right Now?

Aberdeen Australia Equity Fund Inc. (NYSE:IAF) scored a price-to-earnings ratio above its average ratio, recording 2.28 x from its present earnings ratio.

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Today, the average trading volume of IAF was 63.61K shares.

IAF’s Market Performance

IAF stocks went down by -7.30% for the week, with a monthly drop of -12.70% and a quarterly performance of -15.82%, while its annual performance rate touched -22.54%. The volatility ratio for the week stands at 3.11% while the volatility levels for the past 30 days are set at 2.77% for Aberdeen Australia Equity Fund Inc.. The simple moving average for the period of the last 20 days is -16.74% for IAF stocks with a simple moving average of -23.37% for the last 200 days.

IAF Trading at -20.00% from the 50-Day Moving Average

After a stumble in the market that brought IAF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -32.15% of loss for the given period.

Volatility was left at 2.77%, however, over the last 30 days, the volatility rate increased by 3.11%, as shares sank -18.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.83% lower at present.

During the last 5 trading sessions, IAF fell by -14.64%, which changed the moving average for the period of 200-days by -27.07% in comparison to the 20-day moving average, which settled at $5.34. In addition, Aberdeen Australia Equity Fund Inc. saw -18.18% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at IAF starting from Ajmera Radhika, who purchase 1,000 shares at the price of $6.15 back on Nov 18. After this action, Ajmera Radhika now owns 1,000 shares of Aberdeen Australia Equity Fund Inc., valued at $6,146 using the latest closing price.

BIRD STEPHEN, the Director of Aberdeen Australia Equity Fund Inc., purchase 1,000 shares at $6.01 during a trade that took place back on Oct 18, which means that BIRD STEPHEN is holding 1,000 shares at $6,010 based on the most recent closing price.