abrdn Property Income Trust (LON:API) Trading Down 6.6% – Here’s Why

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s share price dropped 6.6% during mid-day trading on Thursday . The company traded as low as GBX 1.71 and last traded at GBX 1.71. Approximately 936,873 shares changed hands during trading, a decline of 7% from the average daily volume of 1,008,431 shares. The stock had previously closed at GBX 1.82.

abrdn Property Income Trust Stock Performance

The stock has a market cap of £6.50 million, a price-to-earnings ratio of -1.89 and a beta of 0.64. The company’s 50 day simple moving average is GBX 1.81 and its 200 day simple moving average is GBX 1.94.

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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