CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) shares passed above its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $1.76 and traded as high as $1.79. CapitaLand Ascendas REIT shares last traded at $1.79, with a volume of 119,100 shares changing hands.
CapitaLand Ascendas REIT Stock Performance
The company’s 50-day moving average is $1.76 and its 200-day moving average is $1.92.
CapitaLand Ascendas REIT Company Profile
CapitaLand Ascendas REIT is a Singapore-listed real estate investment trust focused on business space and industrial properties. Formerly known as Ascendas REIT, it was established in 2002 and is sponsored by CapitaLand Investment. The REIT is managed by CapitaLand Ascendas REIT Management Limited.
Its portfolio includes business and science parks, suburban offices, industrial facilities, logistics properties, integrated developments, and data centers. These properties serve companies across sectors such as technology, research and development, manufacturing, logistics, and corporate services.
CapitaLand Ascendas REIT owns properties in Singapore and international markets, including Australia, the United Kingdom, Europe, and the United States.
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