Mapletree Logistics Trust (OTCMKTS:MAPGF – Get Free Report)’s stock price dropped 19% during trading on Wednesday. The stock traded as low as $0.8060 and last traded at $0.8060. Approximately 846 shares were traded during mid-day trading, a decline of 84% from the average session volume of 5,344 shares. The stock had previously closed at $0.9945.
Mapletree Logistics Trust Stock Performance
The stock has a fifty day moving average price of $0.94 and a two-hundred day moving average price of $0.95.
About Mapletree Logistics Trust
Mapletree Logistics Trust (OTCMKTS:MAPGF) is a Singapore‐listed real estate investment trust specializing in high‐quality logistics and distribution assets. It is externally managed by Mapletree Logistics Trust Management Ltd, a wholly owned subsidiary of Mapletree Investments Pte Ltd, and invests primarily in freestanding warehouses, multi‐user logistics facilities and distribution centres leased to third‐party logistics providers, e‐commerce companies and multinational distributors.
Since its initial public listing in April 2017, the trust has assembled a portfolio of strategically located properties across key Asia‐Pacific markets, including Singapore, China, Japan, Australia, Hong Kong, South Korea, Malaysia and Vietnam.
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