abrdn Property Income Trust (LON:API) Stock Price Up 8.8% – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report)’s share price was up 8.8% on Monday . The stock traded as high as GBX 2 and last traded at GBX 1.85. 372,846 shares traded hands during trading, a decline of 64% from the average session volume of 1,033,355 shares. The stock had previously closed at GBX 1.70.

abrdn Property Income Trust Stock Up 8.8%

The firm’s 50-day moving average is GBX 1.96 and its 200-day moving average is GBX 2.01. The company has a market capitalization of £7.05 million, a PE ratio of -2.06 and a beta of 0.65.

abrdn Property Income Trust (LON:APIGet Free Report) last released its earnings results on Tuesday, April 28th. The company reported GBX (0.90) earnings per share for the quarter. abrdn Property Income Trust had a net margin of 105.57% and a negative return on equity of 16.03%.

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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