abrdn Property Income Trust (LON:API) Share Price Passes Below 200-Day Moving Average – Should You Sell?

abrdn Property Income Trust Limited (LON:APIGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 5.50 ($0.07) and traded as low as GBX 5.45 ($0.07). abrdn Property Income Trust shares last traded at GBX 5.90 ($0.08), with a volume of 1,570,603 shares.

abrdn Property Income Trust Trading Up 5.2%

The business has a fifty day moving average price of GBX 5.59 and a two-hundred day moving average price of GBX 5.50. The firm has a market capitalization of £22.49 million, a PE ratio of -68.21 and a beta of 0.33.

abrdn Property Income Trust (LON:APIGet Free Report) last announced its earnings results on Tuesday, September 30th. The company reported GBX (0.40) earnings per share for the quarter. abrdn Property Income Trust had a negative net margin of 68.00% and a negative return on equity of 7.78%.

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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