Shares of CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) reached a new 52-week low during mid-day trading on Monday. The company traded as low as $1.65 and last traded at $1.65, with a volume of 703,100 shares traded. The stock had previously closed at $1.7380.
CapitaLand Ascendas REIT Price Performance
The company’s 50 day moving average is $1.80 and its 200 day moving average is $1.89.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT is a Singapore-listed real estate investment trust focused on business space and industrial properties. Formerly known as Ascendas REIT, it was established in 2002 and is sponsored by CapitaLand Investment. The REIT is managed by CapitaLand Ascendas REIT Management Limited.
Its portfolio includes business and science parks, suburban offices, industrial facilities, logistics properties, integrated developments, and data centers. These properties serve companies across sectors such as technology, research and development, manufacturing, logistics, and corporate services.
CapitaLand Ascendas REIT owns properties in Singapore and international markets, including Australia, the United Kingdom, Europe, and the United States.
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