Shares of Mapletree Logistics Trust (OTCMKTS:MAPGF – Get Free Report) fell 5.9% during mid-day trading on Monday . The company traded as low as $0.95 and last traded at $0.95. 173 shares traded hands during trading, a decline of 95% from the average session volume of 3,673 shares. The stock had previously closed at $1.01.
Mapletree Logistics Trust Stock Down 5.9%
The business’s fifty day simple moving average is $1.03 and its two-hundred day simple moving average is $1.01.
Mapletree Logistics Trust Company Profile
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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