abrdn Property Income Trust (LON:API) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Shares of abrdn Property Income Trust Limited (LON:APIGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 2.56 and traded as low as GBX 1.50. abrdn Property Income Trust shares last traded at GBX 2, with a volume of 301,263 shares trading hands.

abrdn Property Income Trust Stock Down 22.5%

The firm has a market cap of £5.91 million, a price-to-earnings ratio of -0.18 and a beta of 0.68. The stock has a 50 day moving average of GBX 2.01 and a 200 day moving average of GBX 2.56.

About abrdn Property Income Trust

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

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