Mapletree Logistics Trust (OTCMKTS:MAPGF – Get Free Report) dropped 7.3% during trading on Friday. The stock traded as low as $0.7881 and last traded at $0.7881. Approximately 1,135 shares were traded during trading, a decline of 77% from the average session volume of 5,030 shares. The stock had previously closed at $0.85.
Mapletree Logistics Trust Stock Performance
The business’s 50 day simple moving average is $0.90 and its 200 day simple moving average is $0.93.
Mapletree Logistics Trust Company Profile
Mapletree Logistics Trust is a Singapore-based real estate investment trust focused on owning and managing income-producing logistics properties. Its portfolio includes warehouses, distribution centers, and other logistics-related facilities that support supply-chain and industrial activities.
The trust was established in 2005 and is sponsored by Mapletree Investments, a global real estate company headquartered in Singapore. Mapletree Logistics Trust is managed by Mapletree Logistics Trust Management Ltd.
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