abrdn Property Income Trust (LON:API) Shares Pass Below 200-Day Moving Average – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 50.56 ($0.62) and traded as low as GBX 6.20 ($0.08). abrdn Property Income Trust shares last traded at GBX 6.50 ($0.08), with a volume of 3,203,153 shares changing hands.

abrdn Property Income Trust Trading Up 1.6 %

The company has a quick ratio of 0.16, a current ratio of 3.47 and a debt-to-equity ratio of 47.99. The business’s fifty day moving average is GBX 39.26 and its two-hundred day moving average is GBX 50.56. The firm has a market cap of £24.78 million, a price-to-earnings ratio of -325.00 and a beta of 0.33.

abrdn Property Income Trust Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 17th were given a dividend of GBX 52 ($0.64) per share. This is a boost from abrdn Property Income Trust’s previous dividend of $3.00. The ex-dividend date was Tuesday, December 17th. This represents a dividend yield of 85.81%. abrdn Property Income Trust’s payout ratio is currently -20,000.00%.

abrdn Property Income Trust Company Profile

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

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