abrdn Property Income Trust (LON:API) Reaches New 52-Week Low – Should You Sell?

Shares of abrdn Property Income Trust Limited (LON:APIGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 5.10 ($0.07) and last traded at GBX 5.27 ($0.07), with a volume of 1500056 shares changing hands. The stock had previously closed at GBX 5.10 ($0.07).

abrdn Property Income Trust Trading Up 3.3%

The business’s fifty day moving average price is GBX 5.55 and its 200 day moving average price is GBX 12.66. The company has a market capitalization of £20.09 million, a P/E ratio of -0.89 and a beta of 0.33.

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

About abrdn Property Income Trust

(Get Free Report)

Actively managing UK real estate looking for higher yield and capital growth

Read More

Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.