Aberdeen International (OTCMKTS:AABVF) Shares Cross Below 200 Day Moving Average – Here’s What Happened

Shares of Aberdeen International Inc. (OTCMKTS:AABVF) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.03 and traded as low as $0.02. Aberdeen International shares last traded at $0.02, with a volume of 7,000 shares changing hands.

Aberdeen International Stock Performance

The stock’s fifty day moving average is $0.02 and its 200 day moving average is $0.03.

Aberdeen International Company Profile

Aberdeen International Inc, a resource investment and merchant banking company, focuses on small capitalization companies in the rare metals and renewal energy sectors. The company intends to acquire equity participation in pre-IPO and early-stage public resource companies with undeveloped or undervalued resources and assets; companies in need of managerial, technical, and financial resources; companies undervalued in foreign capital markets; and companies operating in jurisdictions with low to moderate local political risk.