Aberdeen Frontier Markets Invtmnt (LON:AFMC) Shares Down 8.9%

Aberdeen Frontier Markets Invtmnt Co Ltd (LON:AFMC) traded down 8.9% during mid-day trading on Tuesday . The stock traded as low as GBX 45.40 ($0.60) and last traded at GBX 46.40 ($0.61), 56,452 shares were traded during trading. A decline of 53% from the average session volume of 119,369 shares. The stock had previously closed at GBX 50.96 ($0.67).

The firm has a market capitalization of $33.37 million and a PE ratio of -3.65. The business has a 50 day moving average price of GBX 44.42 and a 200-day moving average price of GBX 45.80.

Aberdeen Frontier Markets Invtmnt Company Profile (LON:AFMC)

Aberdeen Frontier Markets Investment Company Ltd, formerly Advance Frontier Markets Fund Limited, is a closed-ended investment company. The Company’s objective is to generate long-term capital growth for its shareholders. The Company invests predominantly in a diversified portfolio of funds and other investment products, which derive their value from Frontier Markets.

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