CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $1.80, but opened at $1.9220. CapitaLand Ascendas REIT shares last traded at $1.9220, with a volume of 10,211 shares trading hands.
CapitaLand Ascendas REIT Stock Performance
The firm has a fifty day moving average of $1.93 and a two-hundred day moving average of $2.01. The company has a market capitalization of $9.59 billion and a PE ratio of 10.42.
CapitaLand Ascendas REIT Company Profile
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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