abrdn Property Income Trust (LON:API) Shares Down 10.5% – Here’s Why

Shares of abrdn Property Income Trust Limited (LON:APIGet Free Report) fell 10.5% during mid-day trading on Friday . The stock traded as low as GBX 1.70 and last traded at GBX 1.70. 191,880 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 979,044 shares. The stock had previously closed at GBX 1.90.

abrdn Property Income Trust Stock Down 10.5%

The stock has a 50-day moving average of GBX 1.90 and a 200 day moving average of GBX 1.99. The company has a market capitalization of £6.48 million, a PE ratio of -1.89 and a beta of 0.65.

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

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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