Shares of CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) passed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $1.76 and traded as high as $1.79. CapitaLand Ascendas REIT shares last traded at $1.79, with a volume of 119,100 shares.
CapitaLand Ascendas REIT Price Performance
The company’s 50-day moving average is $1.76 and its two-hundred day moving average is $1.92.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT is a Singapore-listed real estate investment trust focused on business space and industrial properties. Formerly known as Ascendas REIT, it was established in 2002 and is sponsored by CapitaLand Investment. The REIT is managed by CapitaLand Ascendas REIT Management Limited.
Its portfolio includes business and science parks, suburban offices, industrial facilities, logistics properties, integrated developments, and data centers. These properties serve companies across sectors such as technology, research and development, manufacturing, logistics, and corporate services.
CapitaLand Ascendas REIT owns properties in Singapore and international markets, including Australia, the United Kingdom, Europe, and the United States.
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