CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) shares gapped up prior to trading on Thursday . The stock had previously closed at $1.89, but opened at $2.01. CapitaLand Ascendas REIT shares last traded at $2.01, with a volume of 155 shares changing hands.
CapitaLand Ascendas REIT Stock Performance
The company has a market cap of $9.53 billion and a price-to-earnings ratio of 10.42. The company’s 50 day moving average price is $1.95 and its 200 day moving average price is $2.02.
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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