abrdn European Logistics Income (LON:ASLI) Shares Down 9.5% – Time to Sell?

abrdn European Logistics Income plc (LON:ASLIGet Free Report) shares fell 9.5% on Thursday . The company traded as low as GBX 16.55 and last traded at GBX 17.38. 2,039,956 shares were traded during mid-day trading, an increase of 48% from the average daily volume of 1,380,177 shares. The stock had previously closed at GBX 19.20.

abrdn European Logistics Income Stock Down 9.5%

The company has a current ratio of 0.66, a quick ratio of 4.22 and a debt-to-equity ratio of 59.72. The stock’s fifty day simple moving average is GBX 18.89 and its 200-day simple moving average is GBX 22.31. The stock has a market capitalization of £71.64 million, a PE ratio of -2.15, a P/E/G ratio of 9.27 and a beta of 0.86.

About abrdn European Logistics Income

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Capturing long-term income potential from logistics real estate in Europe

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