abrdn Property Income Trust Limited (LON:API – Get Free Report) shares dropped 31.8% during mid-day trading on Wednesday . The stock traded as low as GBX 1.42 and last traded at GBX 1.91. Approximately 474,681 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 1,309,965 shares. The stock had previously closed at GBX 2.80.
abrdn Property Income Trust Stock Performance
The firm has a 50-day moving average price of GBX 2.03 and a 200-day moving average price of GBX 2.24. The stock has a market cap of £7.28 million, a PE ratio of -2.12 and a beta of 0.49.
abrdn Property Income Trust (LON:API – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The company reported GBX (0.90) earnings per share (EPS) for the quarter. abrdn Property Income Trust had a negative return on equity of 16.03% and a net margin of 105.57%.
About abrdn Property Income Trust
Actively managing UK real estate looking for higher yield and capital growth
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