A Reversal for Aberdeen Private Equity Fund Ltd Is Not Near. The Stock Reaches 52-Week High Today


The stock of Aberdeen Private Equity Fund Ltd (LON:APEF) hit a new 52-week high and has GBX 156.83 target or 53.00% above today’s GBX 102.50 share price. The 8 months bullish chart indicates low risk for the GBX 111.26M company. The 1-year high was reported on Sep, 14 by Barchart.com. If the GBX 156.83 price target is reached, the company will be worth GBX 58.97 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. The stock increased 0.24% or GBX 0.25 on September 13, hitting GBX 102.5. About 130,275 shares traded hands or 584.97% up from the average. Aberdeen Private Equity Fund Ltd (LON:APEF) has declined 21.56% since February 15, 2016 and is downtrending. It has underperformed by 38.05% the S&P500.

Aberdeen Private Equity Fund Limited is a closed-ended investment company. The company has a market cap of 111.26 million GBP. The Company’s investment objective is to maximize total returns to shareholders, principally through long-term capital gains. It has a 20.97 P/E ratio. The Firm aims to achieve its objective through investment in a diversified portfolio of private equity funds and direct co-investments.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Reply