abrdn Property Income Trust (LON:API) Trading 25% Higher – Still a Buy?

abrdn Property Income Trust Limited (LON:APIGet Free Report) shot up 25% on Friday . The company traded as high as GBX 2.35 and last traded at GBX 2.35. 166,845 shares were traded during trading, a decline of 91% from the average session volume of 1,885,938 shares. The stock had previously closed at GBX 1.88.

abrdn Property Income Trust Stock Performance

The business has a 50 day simple moving average of GBX 2.06 and a 200-day simple moving average of GBX 3.79. The firm has a market capitalization of £8.96 million, a price-to-earnings ratio of -0.27 and a beta of 0.33.

abrdn Property Income Trust Company Profile

(Get Free Report)

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

Recommended Stories

Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.