abrdn Property Income Trust (LON:API) Shares Down 7.2% – Should You Sell?

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s stock price dropped 7.2% during trading on Monday . The stock traded as low as GBX 1.80 and last traded at GBX 1.80. Approximately 648,476 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 1,873,023 shares. The stock had previously closed at GBX 1.94.

abrdn Property Income Trust Stock Down 3.1%

The stock has a 50 day simple moving average of GBX 3.38 and a 200 day simple moving average of GBX 4.71. The company has a market cap of £7.62 million, a price-to-earnings ratio of -0.23 and a beta of 0.33.

abrdn Property Income Trust (LON:APIGet Free Report) last posted its earnings results on Tuesday, September 30th. The company reported GBX (0.40) earnings per share (EPS) for the quarter. abrdn Property Income Trust had a negative net margin of 68.00% and a negative return on equity of 7.78%.

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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