CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Sets New 12-Month Low – Here’s Why

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report) shares hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $1.72 and last traded at $1.72, with a volume of 100 shares. The stock had previously closed at $1.90.

CapitaLand Ascendas REIT Trading Down 6.0%

The business has a 50-day moving average price of $1.91 and a 200 day moving average price of $1.97.

About CapitaLand Ascendas REIT

(Get Free Report)

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.

Featured Stories

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