Shares of abrdn Property Income Trust Limited (LON:API – Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 54.13 ($0.70) and traded as high as GBX 61.10 ($0.79). abrdn Property Income Trust shares last traded at GBX 61 ($0.79), with a volume of 1,052,303 shares traded.
abrdn Property Income Trust Trading Up 0.5 %
The company has a debt-to-equity ratio of 47.99, a current ratio of 3.47 and a quick ratio of 0.16. The company has a market cap of £232.93 million, a PE ratio of -3,055.00 and a beta of 0.33. The company’s 50 day simple moving average is GBX 58.39 and its two-hundred day simple moving average is GBX 54.30.
abrdn Property Income Trust Announces Dividend
The firm also recently disclosed a dividend, which was paid on Friday, August 30th. Stockholders of record on Thursday, August 15th were paid a GBX 1 ($0.01) dividend. This represents a dividend yield of 1.85%. The ex-dividend date of this dividend was Thursday, August 15th. abrdn Property Income Trust’s payout ratio is -20,000.00%.
Insider Activity
abrdn Property Income Trust Company Profile
The objective of abrdn Property Income Trust Limited is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties in the industrial, office, retail and other' sectors, where other' includes leisure, data centres, student housing, hotels (and apart-hotels) and healthcare.
Further Reading
- Five stocks we like better than abrdn Property Income Trust
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Tesla Stock: Buy the Dips, Sell the Rips
Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.