abrdn Property Income Trust (LON:API) Trading Up 25% – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares shot up 25% during mid-day trading on Saturday . The stock traded as high as GBX 2.35 and last traded at GBX 2.35. 166,845 shares were traded 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 Stock Up 25.0%

The firm has a market capitalization of £8.96 million, a price-to-earnings ratio of -0.27 and a beta of 0.33. The firm’s 50 day moving average is GBX 2.07 and its 200 day moving average is GBX 3.75.

About abrdn Property Income Trust

(Get Free Report)

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

Recommended Stories

Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.