CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 1,424,863 shares changed hands during mid-day trading, an increase of 3,664% from the previous session’s volume of 37,860 shares.The stock last traded at $1.8950 and had previously closed at $1.89.
CapitaLand Ascendas REIT Trading Up 0.3%
The company’s fifty day moving average is $1.93 and its 200-day moving average is $2.01. The firm has a market capitalization of $9.46 billion and a P/E ratio of 10.42.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT (OTCMKTS: ACDSF) is a Singapore-listed real estate investment trust focused on industrial and business space assets. Established with the objective of providing investors with sustainable distributions and long-term capital growth, the trust holds a diversified portfolio of properties that cater to a wide range of industries, including technology, logistics, manufacturing and research and development.
The REIT’s core business activities encompass the acquisition, ownership, asset management and development of business parks, science parks, hi-tech buildings and logistics facilities.
Recommended Stories
- Five stocks we like better than CapitaLand Ascendas REIT
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for CapitaLand Ascendas REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CapitaLand Ascendas REIT and related companies with MarketBeat.com's FREE daily email newsletter.
