abrdn Property Income Trust (LON:API) Trading 25% Higher – What’s Next?

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s share price shot up 25% during trading on Saturday . The company traded as high as GBX 2.35 and last traded at GBX 2.35. 166,845 shares were traded during mid-day trading, a decline of 91% from the average session volume of 1,885,938 shares. The stock had previously closed at GBX 1.88.

abrdn Property Income Trust Trading Up 25.0%

The firm has a market capitalization of £8.96 million, a price-to-earnings ratio of -0.27 and a beta of 0.33. The stock’s 50 day moving average price is GBX 2.07 and its two-hundred day moving average price is GBX 3.77.

abrdn Property Income Trust Company Profile

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

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