abrdn Property Income Trust (LON:API) Shares Down 9.4% – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s share price was down 9.4% during trading on Tuesday . The company traded as low as GBX 1.68 and last traded at GBX 1.81. Approximately 36,784,762 shares traded hands during trading, an increase of 884% from the average daily volume of 3,739,979 shares. The stock had previously closed at GBX 2.

abrdn Property Income Trust Price Performance

The firm has a market cap of £6.63 million, a price-to-earnings ratio of -0.20 and a beta of 0.33. The business has a 50-day moving average of GBX 2.06 and a 200-day moving average of GBX 4.20.

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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