abrdn Property Income Trust (LON:API) Trading 25% Higher – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares were up 25% on Saturday . The stock traded as high as GBX 2.35 and last traded at GBX 2.35. Approximately 166,845 shares were traded during trading, a decline of 91% from the average daily volume of 1,885,938 shares. The stock had previously closed at GBX 1.88.

abrdn Property Income Trust Stock Performance

The firm’s fifty day simple moving average is GBX 2.07 and its 200 day simple moving average is GBX 3.77. The stock has a market capitalization of £8.96 million, a P/E ratio of -0.27 and a beta of 0.33.

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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