abrdn Property Income Trust (LON:API) Shares Down 6.6% – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s stock price dropped 6.6% on Thursday . The stock traded as low as GBX 1.71 and last traded at GBX 1.71. 936,873 shares were traded during mid-day trading, a decline of 7% from the average daily volume of 1,008,431 shares. The stock had previously closed at GBX 1.82.

abrdn Property Income Trust Price Performance

The company’s 50 day moving average is GBX 1.81 and its 200 day moving average is GBX 1.94. The stock has a market cap of £6.50 million, a price-to-earnings ratio of -1.89 and a beta of 0.64.

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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