abrdn Property Income Trust (LON:API) Shares Down 14.7% – Should You Sell?

by · The Cerbat Gem

abrdn Property Income Trust Limited (LON:API – Get Free Report) shares dropped 14.7% during trading on Wednesday . The stock traded as low as GBX 1.75 and last traded at GBX 1.92. Approximately 132,542 shares were traded during trading, a decline of 93% from the average daily volume of 1,867,410 shares. The stock had previously closed at GBX 2.25.

abrdn Property Income Trust Trading Down 14.7%

The business’s fifty day moving average price is GBX 3.02 and its two-hundred day moving average price is GBX 4.61. The firm has a market cap of £7.32 million, a P/E ratio of -0.22 and a beta of 0.33.

abrdn Property Income Trust (LON:API – Get Free Report) last issued its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.40) earnings per share (EPS) for the quarter. abrdn Property Income Trust had a negative return on equity of 7.78% and a negative net margin of 68.00%.

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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