Mapletree Industrial Trust (OTCMKTS:MAPIF – Get Free Report)’s share price fell 15% during mid-day trading on Wednesday . The stock traded as low as $1.47 and last traded at $1.47. 7,000 shares changed hands during mid-day trading, an increase of 228% from the average session volume of 2,131 shares. The stock had previously closed at $1.73.
Mapletree Industrial Trust Stock Performance
The stock’s 50-day moving average is $1.51 and its 200-day moving average is $1.60.
About Mapletree Industrial Trust
Mapletree Industrial Trust is a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets.
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