abrdn Property Income Trust (LON:API) Stock Price Down 14.7% – What’s Next?

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

abrdn Property Income Trust Stock Performance

The stock has a market cap of £7.32 million, a price-to-earnings ratio of -0.22 and a beta of 0.33. The company’s 50 day simple moving average is GBX 3.02 and its two-hundred day simple moving average is GBX 4.61.

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

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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