abrdn Property Income Trust (LON:API) Stock Price Up 25% – Should You Buy?

Shares of abrdn Property Income Trust Limited (LON:APIGet Free Report) rose 25% on Saturday . The stock traded as high as GBX 2.35 and last traded at GBX 2.35. Approximately 166,845 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 1,885,938 shares. The stock had previously closed at GBX 1.88.

abrdn Property Income Trust Stock Up 25.0%

The firm has a market capitalization of £8.96 million, a P/E ratio of -0.27 and a beta of 0.33. The firm’s 50-day simple moving average is GBX 2.07 and its 200-day simple moving average is GBX 3.77.

abrdn Property Income Trust Company Profile

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

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