Mapletree Logistics Trust (MAPGF) to Release Quarterly Earnings on Thursday

Mapletree Logistics Trust (OTCMKTS:MAPGF) is anticipated to announce its results after the market closes on Thursday, April 30th. Analysts expect the company to announce earnings of $0.0199 per share and revenue of $178.5090 million for the quarter.

Mapletree Logistics Trust Stock Up 21.1%

Mapletree Logistics Trust stock opened at $1.09 on Tuesday. Mapletree Logistics Trust has a one year low of $0.79 and a one year high of $1.16. The business has a fifty day moving average price of $0.94 and a 200-day moving average price of $1.00.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Mapletree Logistics Trust to a “buy” rating in a report on Monday, April 13th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

About Mapletree Logistics Trust

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.