abrdn Property Income Trust (LON:API) Stock Price Down 8.6% – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares were down 8.6% during mid-day trading on Wednesday . The company traded as low as GBX 1.60 and last traded at GBX 1.60. 169,551 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 986,798 shares. The stock had previously closed at GBX 1.75.

abrdn Property Income Trust Stock Performance

The firm’s 50-day moving average price is GBX 1.80 and its two-hundred day moving average price is GBX 1.93. The stock has a market cap of £6.10 million, a price-to-earnings ratio of -1.78 and a beta of 0.64.

abrdn Property Income Trust Company Profile

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Actively managing UK real estate looking for higher yield and capital growth

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