abrdn Property Income Trust (LON:API) Stock Falls 17.9% – Here’s Why

abrdn Property Income Trust Limited (LON:API – Get Free Report) shares were down 17.9% on Tuesday. The stock traded as low as GBX 1.60 and last traded at GBX 1.60. 449,756 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 1,016,052 shares. The stock had previously closed at GBX 1.95.

abrdn Property Income Trust Stock Performance

The stock has a market capitalization of £6.10 million, a price-to-earnings ratio of -2.42 and a beta of 0.65. The company’s 50 day moving average is GBX 1.81 and its 200 day moving average is GBX 1.89.

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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