Mapletree Logistics Trust (OTCMKTS:MAPGF) Trading Down 5.9% – What’s Next?

Mapletree Logistics Trust (OTCMKTS:MAPGFGet Free Report) shares traded down 5.9% during mid-day trading on Monday . The company traded as low as $0.95 and last traded at $0.95. 173 shares changed hands during trading, a decline of 95% from the average session volume of 3,673 shares. The stock had previously closed at $1.01.

Mapletree Logistics Trust Stock Performance

The stock has a 50 day moving average price of $1.03 and a two-hundred day moving average price of $1.01.

About Mapletree Logistics Trust

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Mapletree Logistics Trust (OTCMKTS:MAPGF) is a Singapore‐listed real estate investment trust specializing in high‐quality logistics and distribution assets. It is externally managed by Mapletree Logistics Trust Management Ltd, a wholly owned subsidiary of Mapletree Investments Pte Ltd, and invests primarily in freestanding warehouses, multi‐user logistics facilities and distribution centres leased to third‐party logistics providers, e‐commerce companies and multinational distributors.

Since its initial public listing in April 2017, the trust has assembled a portfolio of strategically located properties across key Asia‐Pacific markets, including Singapore, China, Japan, Australia, Hong Kong, South Korea, Malaysia and Vietnam.

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