abrdn European Logistics Income (LON:ASLI) Trading 1.4% Higher – Here’s Why

abrdn European Logistics Income plc (LON:ASLIGet Free Report) shares shot up 1.4% on Wednesday . The stock traded as high as GBX 19.48 and last traded at GBX 19.30. Approximately 1,491,649 shares changed hands during trading, an increase of 7% from the average daily volume of 1,397,145 shares. The stock had previously closed at GBX 19.04.

abrdn European Logistics Income Price Performance

The company has a quick ratio of 4.22, a current ratio of 0.66 and a debt-to-equity ratio of 59.72. The stock has a market capitalization of £77.90 million, a price-to-earnings ratio of -2.33, a P/E/G ratio of 9.27 and a beta of 0.86. The business’s 50 day simple moving average is GBX 18.82 and its 200-day simple moving average is GBX 23.10.

abrdn European Logistics Income Company Profile

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Capturing long-term income potential from logistics real estate in Europe

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