abrdn Property Income Trust (LON:API) Shares Down 14.3% – Time to Sell?

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares were down 14.3% during trading on Tuesday . The company traded as low as GBX 1.80 and last traded at GBX 1.80. Approximately 109,515 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 1,167,404 shares. The stock had previously closed at GBX 2.10.

abrdn Property Income Trust Stock Down 14.3%

The company has a 50 day moving average of GBX 2.01 and a two-hundred day moving average of GBX 2.02. The firm has a market cap of £6.86 million, a P/E ratio of -2.00 and a beta of 0.65.

abrdn Property Income Trust (LON:APIGet Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported GBX (0.90) EPS for the quarter. abrdn Property Income Trust had a negative return on equity of 16.03% and a net margin of 105.57%.

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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