abrdn Property Income Trust (LON:API) Shares Down 10.6% – Here’s What Happened

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

abrdn Property Income Trust Stock Down 2.9%

The firm has a market capitalization of £7.78 million, a P/E ratio of -0.24 and a beta of 0.33. The company has a fifty day simple moving average of GBX 2.08 and a 200 day simple moving average of GBX 3.69.

About abrdn Property Income Trust

(Get Free Report)

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

Read More

Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.