abrdn Property Income Trust (LON:API) Stock Passes Below 200 Day Moving Average – Here’s Why

Shares of abrdn Property Income Trust Limited (LON:APIGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 21 ($0.28) and traded as low as GBX 5.48 ($0.07). abrdn Property Income Trust shares last traded at GBX 5.70 ($0.08), with a volume of 723,467 shares trading hands.

abrdn Property Income Trust Price Performance

The stock has a market capitalization of £21.73 million, a price-to-earnings ratio of -0.97 and a beta of 0.33. The business has a fifty day moving average of GBX 5.78 and a 200-day moving average of GBX 21.

abrdn Property Income Trust (LON:APIGet Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported GBX (11.25) (($0.15)) earnings per share (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%.

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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