abrdn Property Income Trust (LON:API) Trading Down 8.6% – Here’s Why

abrdn Property Income Trust Limited (LON:APIGet Free Report) dropped 8.6% during trading on Wednesday . The stock traded as low as GBX 1.60 and last traded at GBX 1.60. Approximately 169,551 shares were traded during mid-day trading, a decline of 83% from the average session volume of 986,798 shares. The stock had previously closed at GBX 1.75.

abrdn Property Income Trust Stock Performance

The company has a market cap of £6.59 million, a price-to-earnings ratio of -1.92 and a beta of 0.64. The firm’s 50 day simple moving average is GBX 1.79 and its 200-day simple moving average is GBX 1.93.

abrdn Property Income Trust Company Profile

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

Further Reading

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