abrdn European Logistics Income (LON:ASLI) Shares Down 9.5% – Here’s Why

abrdn European Logistics Income plc (LON:ASLI) shares fell 9.5% during mid-day trading on Thursday . The stock traded as low as GBX 16.55 and last traded at GBX 17.38. Approximately 2,039,956 shares traded hands during trading, an increase of 48% from the average session volume of 1,380,177 shares. The stock had previously closed at GBX 19.20.

abrdn European Logistics Income Stock Performance

The stock has a fifty day moving average price of GBX 18.84 and a 200 day moving average price of GBX 22.21. The company has a current ratio of 0.66, a quick ratio of 4.22 and a debt-to-equity ratio of 59.72. The firm has a market cap of £71.31 million, a price-to-earnings ratio of -2.14, a price-to-earnings-growth ratio of 9.27 and a beta of 0.86.

abrdn European Logistics Income Company Profile

Capturing long-term income potential from logistics real estate in Europe