CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report)’s stock price shot up 0.5% during trading on Tuesday . The company traded as high as $1.94 and last traded at $1.94. 3,217 shares were traded during trading, a decline of 86% from the average session volume of 23,317 shares. The stock had previously closed at $1.93.
CapitaLand Ascendas REIT Price Performance
The company has a market capitalization of $9.68 billion and a price-to-earnings ratio of 10.42. The business has a 50 day simple moving average of $1.96 and a 200 day simple moving average of $2.04.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT (OTCMKTS: ACDSF) is a Singapore-listed real estate investment trust focused on industrial and business space assets. Established with the objective of providing investors with sustainable distributions and long-term capital growth, the trust holds a diversified portfolio of properties that cater to a wide range of industries, including technology, logistics, manufacturing and research and development.
The REIT’s core business activities encompass the acquisition, ownership, asset management and development of business parks, science parks, hi-tech buildings and logistics facilities.
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