abrdn Property Income Trust (LON:API) Stock Falls 9% – Here’s Why

abrdn Property Income Trust Limited (LON:API – Get Free Report)’s share price was down 9% during mid-day trading on Tuesday. The stock traded as low as GBX 1.70 and last traded at GBX 1.91. 90,817,422 shares were traded during mid-day trading, an increase of 5,868% from the average daily volume of 1,521,719 shares. The stock had previously closed at GBX 2.10.

abrdn Property Income Trust Price Performance

The company has a 50-day moving average price of GBX 1.81 and a two-hundred day moving average price of GBX 1.90. The company has a market cap of £6.18 million, a PE ratio of -1.80 and a beta of 0.65.

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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