abrdn Property Income Trust (LON:API) Trading Up 25% – Here’s Why

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares shot up 25% during mid-day trading on Saturday . The stock 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 Up 25.0%

The stock’s 50-day moving average is GBX 2.07 and its 200-day moving average is GBX 3.77. The firm has a market cap of £8.96 million, a P/E ratio of -0.27 and a beta of 0.33.

About abrdn Property Income Trust

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

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