abrdn Property Income Trust (LON:API) Trading 25% Higher – Should You Buy?

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s share price shot up 25% during trading on Saturday . The company traded as high as GBX 2.35 and last traded at GBX 2.35. 166,845 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 1,885,938 shares. The stock had previously closed at GBX 1.88.

abrdn Property Income Trust Price Performance

The firm’s 50 day moving average price is GBX 2.07 and its two-hundred day moving average price is GBX 3.75. The firm has a market cap of £8.96 million, a price-to-earnings ratio of -0.27 and a beta of 0.33.

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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