abrdn Property Income Trust (LON:API) Stock Price Up 13.5% – Here’s Why

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s share price rose 13.5% during mid-day trading on Monday . The company traded as high as GBX 2.10 and last traded at GBX 2.10. Approximately 139,636 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 1,177,291 shares. The stock had previously closed at GBX 1.85.

abrdn Property Income Trust Trading Up 13.5%

The firm has a market cap of £8.01 million, a P/E ratio of -2.33 and a beta of 0.65. The company’s 50 day simple moving average is GBX 2 and its 200-day simple moving average is GBX 2.02.

abrdn Property Income Trust (LON:APIGet Free Report) last posted its 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 net margin of 105.57% and a negative return on equity of 16.03%.

abrdn Property Income Trust Company Profile

(Get Free Report)

Actively managing UK real estate looking for higher yield and capital growth

Featured Articles

Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.