Shares of CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) saw an uptick in trading volume on Thursday . 1,424,863 shares changed hands during trading, an increase of 3,664% from the previous session’s volume of 37,860 shares.The stock last traded at $1.8950 and had previously closed at $1.89.
CapitaLand Ascendas REIT Trading Up 0.3%
The stock has a fifty day simple moving average of $1.93 and a 200-day simple moving average of $2.01. The stock has a market cap of $9.46 billion and a price-to-earnings ratio of 10.42.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT (OTCMKTS: ACDSF) is a Singapore-listed real estate investment trust focused on industrial and business space assets. Established with the objective of providing investors with sustainable distributions and long-term capital growth, the trust holds a diversified portfolio of properties that cater to a wide range of industries, including technology, logistics, manufacturing and research and development.
The REIT’s core business activities encompass the acquisition, ownership, asset management and development of business parks, science parks, hi-tech buildings and logistics facilities.
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