abrdn Property Income Trust (LON:API) Trading Up 11.9% – Time to Buy?

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s stock price rose 11.9% during mid-day trading on Tuesday . The company traded as high as GBX 2.35 and last traded at GBX 2.35. Approximately 218,448 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 2,051,725 shares. The stock had previously closed at GBX 2.10.

abrdn Property Income Trust Trading Up 11.9%

The business has a 50-day moving average price of GBX 2.05 and a 200 day moving average price of GBX 3.84. The stock has a market capitalization of £8.96 million, a P/E ratio of -0.27 and a beta of 0.33.

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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