Mapletree Logistics Trust (OTCMKTS:MAPGF – Get Free Report)’s stock price was down 7.3% on Friday . The stock traded as low as $1.0750 and last traded at $1.0750. Approximately 9,852 shares changed hands during trading, an increase of 379% from the average daily volume of 2,056 shares. The stock had previously closed at $1.16.
Mapletree Logistics Trust Stock Performance
The company has a 50-day simple moving average of $1.02 and a 200-day simple moving average of $1.00.
About Mapletree Logistics Trust
Mapletree Logistics Trust (OTCMKTS:MAPGF) is a Singapore‐listed real estate investment trust specializing in high‐quality logistics and distribution assets. It is externally managed by Mapletree Logistics Trust Management Ltd, a wholly owned subsidiary of Mapletree Investments Pte Ltd, and invests primarily in freestanding warehouses, multi‐user logistics facilities and distribution centres leased to third‐party logistics providers, e‐commerce companies and multinational distributors.
Since its initial public listing in April 2017, the trust has assembled a portfolio of strategically located properties across key Asia‐Pacific markets, including Singapore, China, Japan, Australia, Hong Kong, South Korea, Malaysia and Vietnam.
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