abrdn Property Income Trust (LON:API) Trading 8.8% Higher – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s stock price traded up 8.8% during trading on Monday . The stock traded as high as GBX 2 and last traded at GBX 1.85. 372,846 shares changed hands during trading, a decline of 64% from the average daily volume of 1,033,355 shares. The stock had previously closed at GBX 1.70.

abrdn Property Income Trust Stock Performance

The company’s 50 day simple moving average is GBX 1.96 and its 200-day simple moving average is GBX 2.01. The firm has a market capitalization of £7.05 million, a PE ratio of -2.06 and a beta of 0.65.

abrdn Property Income Trust (LON:APIGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported GBX (0.90) EPS for the quarter. abrdn Property Income Trust had a net margin of 105.57% and a negative return on equity of 16.03%.

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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