abrdn Property Income Trust (LON:API) Stock Price Down 16.2% – What’s Next?

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares dropped 16.2% on Tuesday . The company traded as low as GBX 1.68 and last traded at GBX 1.83. Approximately 316,971 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 729,980 shares. The stock had previously closed at GBX 2.19.

abrdn Property Income Trust Trading Down 16.2%

The firm has a market cap of £6.98 million, a PE ratio of -0.21 and a beta of 0.33. The business has a fifty day moving average price of GBX 2.18 and a 200 day moving average price of GBX 4.31.

About abrdn Property Income Trust

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Actively managing UK real estate looking for higher yield and capital growth

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