abrdn Property Income Trust (LON:API) Stock Price Down 10.6% – Here’s Why

Shares of abrdn Property Income Trust Limited (LON:APIGet Free Report) fell 10.6% during mid-day trading on Tuesday . The company traded as low as GBX 1.85 and last traded at GBX 2.10. 188,506 shares changed hands during mid-day trading, a decline of 90% from the average session volume of 1,832,893 shares. The stock had previously closed at GBX 2.35.

abrdn Property Income Trust Stock Performance

The firm has a market capitalization of £8.01 million, a price-to-earnings ratio of -0.24 and a beta of 0.33. The firm’s 50-day moving average price is GBX 2.07 and its two-hundred day moving average price is GBX 3.72.

About abrdn Property Income Trust

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

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