CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) shares reached a new 52-week low on Wednesday. The company traded as low as $1.72 and last traded at $1.72, with a volume of 388 shares. The stock had previously closed at $1.79.
CapitaLand Ascendas REIT Trading Up 1.2%
The company has a fifty day moving average price of $1.84 and a two-hundred day moving average price of $1.91.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT is a Singapore-based real estate investment trust focused on business space and industrial properties. It is managed by CapitaLand Ascendas REIT Management Limited and sponsored by CapitaLand Investment, a global real estate investment manager.
The REIT owns and manages a diversified portfolio of properties serving businesses across sectors such as technology, research and development, manufacturing, logistics, warehousing and data centers. Its assets generally include business parks, industrial facilities, logistics properties, high-specification industrial buildings and specialized commercial spaces.
Established in 2002 as Singapore’s first listed business space and industrial real estate investment trust, CapitaLand Ascendas REIT has expanded beyond its home market.
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