The stock of Aberdeen Asia-Pacific Income Investment (TSE:FAP) is a huge mover today! About 30,128 shares traded hands. Aberdeen Asia-Pacific Income Investment (TSE:FAP) has declined 0.63% since April 12, 2016 and is downtrending. It has underperformed by 5.31% the S&P500.
The move comes after 6 months negative chart setup for the $242.21 million company. It was reported on Nov, 16 by Barchart.com. We have $4.02 PT which if reached, will make TSE:FAP worth $31.49 million 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 October 21, 2016, also Marketwatch.com with their article: “Aberdeen Asia-Pacific Income Fund Inc.” published on December 22, 2009, Prnewswire.com published: “Aberdeen Asia-Pacific Income Fund, Inc. Announces Performance Data And …” on October 21, 2016. More interesting news about Aberdeen Asia-Pacific Income Investment (TSE:FAP) were released by: Prnewswire.com and their article: “Aberdeen Asia-Pacific Income Fund, Inc. Announces Record Date and Payment Date …” published on November 09, 2016 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 $242.21 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 18.58 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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