abrdn Property Income Trust (LON:API) Sets New 1-Year Low – Here’s Why

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares hit a new 52-week low on Friday . The company traded as low as GBX 4.60 ($0.06) and last traded at GBX 4.75 ($0.06), with a volume of 989799 shares traded. The stock had previously closed at GBX 4.75 ($0.06).

abrdn Property Income Trust Price Performance

The company’s 50-day simple moving average is GBX 5.59 and its 200-day simple moving average is GBX 5.49. The stock has a market capitalization of £18.11 million, a P/E ratio of -0.55 and a beta of 0.33.

abrdn Property Income Trust (LON:APIGet Free Report) last posted its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.40) earnings per share (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

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

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