abrdn European Logistics Income (LON:ASLI) Shares Down 16.8% – Time to Sell?

abrdn European Logistics Income plc (LON:ASLIGet Free Report)’s share price fell 16.8% during mid-day trading on Wednesday . The company traded as low as GBX 19.80 and last traded at GBX 20.50. 9,683,276 shares traded hands during mid-day trading, an increase of 423% from the average session volume of 1,852,641 shares. The stock had previously closed at GBX 24.65.

abrdn European Logistics Income Stock Performance

The stock’s 50-day moving average price is GBX 26.02 and its 200-day moving average price is GBX 28.77. The company has a market cap of £84.08 million, a P/E ratio of -2.52, a PEG ratio of 9.27 and a beta of 0.84. The company has a debt-to-equity ratio of 59.72, a current ratio of 0.66 and a quick ratio of 4.22.

abrdn European Logistics Income Company Profile

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Capturing long-term income potential from logistics real estate in Europe

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