CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Shares Up 19% – Still a Buy?

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report) shot up 19% during trading on Monday . The company traded as high as $2.15 and last traded at $2.15. 652 shares changed hands during trading, a decline of 96% from the average session volume of 17,885 shares. The stock had previously closed at $1.8060.

CapitaLand Ascendas REIT Trading Up 19.0%

The company’s fifty day simple moving average is $2.07 and its two-hundred day simple moving average is $2.06.

CapitaLand Ascendas REIT Company Profile

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CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets.

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