abrdn Property Income Trust (LON:API) Stock Passes Above 200 Day Moving Average – Here’s What Happened

Shares of abrdn Property Income Trust Limited (LON:APIGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2.02 and traded as high as GBX 2.09. abrdn Property Income Trust shares last traded at GBX 1.85, with a volume of 83,540 shares trading hands.

abrdn Property Income Trust Price Performance

The firm has a market capitalization of £6.86 million, a P/E ratio of -2.00 and a beta of 0.62. The stock’s fifty day simple moving average is GBX 1.98 and its 200 day simple moving average is GBX 2.02.

abrdn Property Income Trust (LON:APIGet Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported GBX (0.90) earnings per share for the quarter. abrdn Property Income Trust had a net margin of 105.57% and a negative return on equity of 16.03%.

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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