CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Shares Down 4.7% – Here’s What Happened

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report)’s share price traded down 4.7% during trading on Wednesday . The company traded as low as $2.03 and last traded at $2.0450. 2,892 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 2,744 shares. The stock had previously closed at $2.1460.

CapitaLand Ascendas REIT Trading Down 4.7%

The business has a 50-day moving average price of $2.06 and a two-hundred day moving average price of $2.09.

CapitaLand Ascendas REIT Company Profile

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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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