abrdn Property Income Trust (LON:API) Trading Up 8.8% – Here’s Why

abrdn Property Income Trust Limited (LON:APIGet Free Report) was up 8.8% during mid-day trading on Monday . The company traded as high as GBX 2 and last traded at GBX 1.85. Approximately 372,846 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 1,033,355 shares. The stock had previously closed at GBX 1.70.

abrdn Property Income Trust Stock Up 1.8%

The stock has a market capitalization of £6.60 million, a price-to-earnings ratio of -1.92 and a beta of 0.65. The company has a 50 day simple moving average of GBX 1.95 and a 200-day simple moving average of GBX 2.01.

abrdn Property Income Trust (LON:APIGet Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported GBX (0.90) earnings per share (EPS) for the quarter. abrdn Property Income Trust had a negative return on equity of 16.03% and a net margin of 105.57%.

About abrdn Property Income Trust

(Get Free Report)

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

Read More

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.