Time to Buy Aberdeen Asia-Pacific Income Investment After Today’s Huge Decline?


 Time to Buy Aberdeen Asia Pacific Income Investment After Today's Huge Decline?

The stock of Aberdeen Asia-Pacific Income Investment (TSE:FAP) is a huge mover today! About 14,921 shares traded hands. Aberdeen Asia-Pacific Income Investment (TSE:FAP) has risen 3.85% since March 11, 2016 and is uptrending. It has underperformed by 1.64% the S&P500.
The move comes after 7 months negative chart setup for the $253.71 million company. It was reported on Oct, 18 by Barchart.com. We have $4.32 PT which if reached, will make TSE:FAP worth $27.91M less.

More notable recent Aberdeen Asia-Pacific Income Investment (TSE:FAP) news were published by: Finance.Yahoo.com which released: “Aberdeen Asia-Pacific Income Investment Company Limited Announces Performance …” on September 22, 2016, also Finance.Yahoo.com with their article: “Aberdeen Asia-Pacific Income Investment Company Limited Announces Monthly …” published on July 12, 2016, Prnewswire.com published: “Aberdeen Asia-Pacific Income Fund, Inc. Announces Payment Of Monthly Distribution” on September 28, 2016. More interesting news about Aberdeen Asia-Pacific Income Investment (TSE:FAP) were released by: Marketwatch.com and their article: “Aberdeen Asia-Pacific Income Fund Inc.” published on December 22, 2009 as well as Prnewswire.com‘s news article titled: “Top Rated Aberdeen Asia-Pacific Income Fund, Inc. Featured in Morningstar Report” with publication date: August 23, 2012.

Aberdeen Asia-Pacific Income Investment Company Limited is a closed-end investment company. The company has a market cap of $253.71 million. The Company’s investment objective is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities. It has a 19.5 P/E ratio. The Firm may invest approximately 80% of its total assets in Asian-Pacific debt securities, and may be denominated in an Asian-Pacific Country currency or in Australian, New Zealand or the United States dollars.

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