CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report)’s stock price traded down 6.2% on Monday . The stock traded as low as $1.93 and last traded at $1.93. 3,680 shares were traded during trading, an increase of 85% from the average session volume of 1,988 shares. The stock had previously closed at $2.0580.
CapitaLand Ascendas REIT Price Performance
The firm’s 50-day moving average price is $2.10 and its 200 day moving average price is $2.08.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT (OTCMKTS: ACDSF) is a Singapore-listed real estate investment trust focused on industrial and business space assets. Established with the objective of providing investors with sustainable distributions and long-term capital growth, the trust holds a diversified portfolio of properties that cater to a wide range of industries, including technology, logistics, manufacturing and research and development.
The REIT’s core business activities encompass the acquisition, ownership, asset management and development of business parks, science parks, hi-tech buildings and logistics facilities.
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