CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report)’s share price hit a new 52-week low on Wednesday. The stock traded as low as $1.72 and last traded at $1.72, with a volume of 388 shares changing hands. The stock had previously closed at $1.79.
CapitaLand Ascendas REIT Stock Down 3.9%
The company has a 50 day moving average of $1.85 and a 200 day moving average of $1.91.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT is a Singapore-based real estate investment trust focused on business space and industrial properties. It is managed by CapitaLand Ascendas REIT Management Limited and sponsored by CapitaLand Investment, a global real estate investment manager.
The REIT owns and manages a diversified portfolio of properties serving businesses across sectors such as technology, research and development, manufacturing, logistics, warehousing and data centers. Its assets generally include business parks, industrial facilities, logistics properties, high-specification industrial buildings and specialized commercial spaces.
Established in 2002 as Singapore’s first listed business space and industrial real estate investment trust, CapitaLand Ascendas REIT has expanded beyond its home market.
See Also
- Five stocks we like better than CapitaLand Ascendas REIT
- Deutsche Bank Makes a Contrarian Call on Netflix—What Does It Mean for Investors?
- O’Reilly Automotive’s Stock Slump Hides a Stronger Business
- McDonald’s Stock Slump Makes Its AI Pricing Bet Even Riskier
- Broadcom’s AI Growth Story Faces a $161 Billion Anthropic Test
Receive News & Ratings for CapitaLand Ascendas REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CapitaLand Ascendas REIT and related companies with MarketBeat.com's FREE daily email newsletter.
