abrdn Property Income Trust (LON:API) Trading Down 9.8% – Here’s Why

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares dropped 9.8% during trading on Wednesday . The stock traded as low as GBX 1.80 and last traded at GBX 2.12. Approximately 7,652 shares were traded during mid-day trading, a decline of 100% from the average daily volume of 1,981,239 shares. The stock had previously closed at GBX 2.35.

abrdn Property Income Trust Stock Up 0.3%

The stock has a fifty day moving average of GBX 2.06 and a two-hundred day moving average of GBX 3.79. The stock has a market cap of £7.19 million, a price-to-earnings ratio of -0.22 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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