abrdn Property Income Trust (LON:API) Shares Up 12.8% – Here’s Why

abrdn Property Income Trust Limited (LON:API – Get Free Report)’s stock price shot up 12.8% on Thursday. The company traded as high as GBX 2.20 and last traded at GBX 2.20. 438,305 shares traded hands during trading, a decline of 54% from the average session volume of 952,213 shares. The stock had previously closed at GBX 1.95.

abrdn Property Income Trust Stock Down 15.0%

The company has a market cap of £7.13 million, a PE ratio of -2.08 and a beta of 0.65. The business has a 50-day simple moving average of GBX 1.80 and a 200-day simple moving average of GBX 1.90.

abrdn Property Income Trust Company Profile

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

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