abrdn Property Income Trust (LON:API) Sets New 52-Week Low – Here’s Why

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 5.50 ($0.07) and last traded at GBX 6.04 ($0.08), with a volume of 3840161 shares changing hands. The stock had previously closed at GBX 6.16 ($0.08).

abrdn Property Income Trust Stock Down 2.0 %

The company’s fifty day simple moving average is GBX 6.73 and its two-hundred day simple moving average is GBX 37.55. The company has a market capitalization of £23.02 million, a price-to-earnings ratio of -1.03 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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