Mapletree Logistics Trust (OTCMKTS:MAPGF) Trading 10.1% Higher – Still a Buy?

Mapletree Logistics Trust (OTCMKTS:MAPGFGet Free Report) shares traded up 10.1% on Thursday . The company traded as high as $1.0637 and last traded at $1.0637. 196 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 8,169 shares. The stock had previously closed at $0.9658.

Mapletree Logistics Trust Stock Performance

The company has a 50 day moving average of $1.02 and a two-hundred day moving average of $0.97.

Mapletree Logistics Trust Company Profile

(Get Free Report)

Mapletree Logistics Trust (OTCMKTS:MAPGF) is a Singapore‐listed real estate investment trust specializing in high‐quality logistics and distribution assets. It is externally managed by Mapletree Logistics Trust Management Ltd, a wholly owned subsidiary of Mapletree Investments Pte Ltd, and invests primarily in freestanding warehouses, multi‐user logistics facilities and distribution centres leased to third‐party logistics providers, e‐commerce companies and multinational distributors.

Since its initial public listing in April 2017, the trust has assembled a portfolio of strategically located properties across key Asia‐Pacific markets, including Singapore, China, Japan, Australia, Hong Kong, South Korea, Malaysia and Vietnam.

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