Mapletree Logistics Trust (OTCMKTS:MAPGF) Shares Up 14.8% – Time to Buy?

Mapletree Logistics Trust (OTCMKTS:MAPGFGet Free Report) was up 14.8% on Wednesday . The company traded as high as $0.96 and last traded at $0.96. Approximately 304 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 10,205 shares. The stock had previously closed at $0.83.

Mapletree Logistics Trust Stock Up 14.8%

The business has a 50 day moving average price of $0.88 and a two-hundred day moving average price of $0.91.

About Mapletree Logistics Trust

(Get Free Report)

MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST Main Board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. As at 31 December 2023, it has a portfolio of 187 properties in Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam with assets under management of S$13.3 billion.

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