CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Shares Gap Down – Here’s What Happened

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $2.0020, but opened at $1.80. CapitaLand Ascendas REIT shares last traded at $1.80, with a volume of 300 shares.

CapitaLand Ascendas REIT Stock Performance

The stock has a market cap of $8.98 billion and a price-to-earnings ratio of 10.42. The company has a 50-day simple moving average of $1.96 and a two-hundred day simple moving average of $2.03.

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.

Further Reading

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.