abrdn Property Income Trust (LON:API) Stock Price Up 10% – Time to Buy?

abrdn Property Income Trust Limited (LON:APIGet Free Report) rose 10% on Thursday . The company traded as high as GBX 2.22 and last traded at GBX 2.20. Approximately 2,933,606 shares were traded during mid-day trading, an increase of 50% from the average daily volume of 1,955,534 shares. The stock had previously closed at GBX 2.

abrdn Property Income Trust Price Performance

The firm has a market capitalization of £8.39 million, a PE ratio of -0.25 and a beta of 0.33. The company has a 50-day moving average price of GBX 5.15 and a 200-day moving average price of GBX 5.32.

abrdn Property Income Trust (LON:APIGet Free Report) last announced its earnings results on Tuesday, September 30th. The company reported GBX (0.40) earnings per share for the quarter. abrdn Property Income Trust had a negative net margin of 68.00% and a negative return on equity of 7.78%.

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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