Shares of CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 1,424,863 shares changed hands during mid-day trading, an increase of 3,664% from the previous session’s volume of 37,860 shares.The stock last traded at $1.8950 and had previously closed at $1.89.
CapitaLand Ascendas REIT Price Performance
The stock has a market cap of $9.46 billion and a PE ratio of 10.42. The stock’s fifty day moving average price is $1.93 and its 200 day moving average price is $2.00.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT (OTCMKTS: ACDSF) is a Singapore-listed real estate investment trust focused on industrial and business space assets. Established with the objective of providing investors with sustainable distributions and long-term capital growth, the trust holds a diversified portfolio of properties that cater to a wide range of industries, including technology, logistics, manufacturing and research and development.
The REIT’s core business activities encompass the acquisition, ownership, asset management and development of business parks, science parks, hi-tech buildings and logistics facilities.
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