abrdn Property Income Trust (LON:API) Shares Down 14.2% – Time to Sell?

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares dropped 14.2% during mid-day trading on Tuesday . The stock traded as low as GBX 1.30 and last traded at GBX 1.93. Approximately 133,510 shares traded hands during trading, a decline of 93% from the average daily volume of 1,856,110 shares. The stock had previously closed at GBX 2.25.

abrdn Property Income Trust Trading Down 21.9%

The company has a market cap of £6.70 million, a PE ratio of -0.20 and a beta of 0.33. The firm’s 50-day simple moving average is GBX 2.75 and its two-hundred day simple moving average is GBX 4.52.

abrdn Property Income Trust (LON:APIGet Free Report) last posted its quarterly earnings data on Tuesday, September 30th. The company reported GBX (0.40) 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%.

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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