Mapletree Industrial Trust (OTCMKTS:MAPIF – Get Free Report) shares were down 8.2% during trading on Wednesday . The company traded as low as $1.56 and last traded at $1.56. Approximately 5,600 shares traded hands during trading, an increase of 34% from the average daily volume of 4,186 shares. The stock had previously closed at $1.70.
Mapletree Industrial Trust Price Performance
The company has a fifty day moving average price of $1.71 and a two-hundred day moving average price of $1.75.
About Mapletree Industrial Trust
Mapletree Industrial Trust is a real estate investment trust (REIT) listed on the Main Board of Singapore Exchange. Its principal investment strategy is to invest in a diversified portfolio of income-producing real estate used primarily for industrial purposes in Singapore and income-producing real estate used primarily as data centres worldwide beyond Singapore, as well as real estate-related assets.
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