abrdn Property Income Trust (LON:API) Trading 25% Higher – What’s Next?

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares rose 25% during mid-day trading on Saturday . The company traded as high as GBX 2.35 and last traded at GBX 2.35. Approximately 166,845 shares traded hands 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 Performance

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

abrdn Property Income Trust Company Profile

(Get Free Report)

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

Further Reading

Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.