abrdn Property Income Trust (LON:API) Stock Price Up 25% – Should You Buy?

abrdn Property Income Trust Limited (LON:API)’s share price traded up 25% during mid-day trading on Friday . The stock traded as high as GBX 2.35 and last traded at GBX 2.35. 166,845 shares traded hands 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 Performance

The business has a 50 day moving average price of GBX 2.07 and a 200-day moving average price of GBX 3.77. The company has a market capitalization of £8.96 million, a price-to-earnings ratio of -0.27 and a beta of 0.33.

abrdn Property Income Trust Company Profile

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