abrdn Property Income Trust (LON:API) Stock Price Passes Below Two Hundred Day Moving Average – Should You Sell?

abrdn Property Income Trust Limited (LON:APIGet Free Report) shares passed below its two hundred day moving average during trading on Monday . The stock has a two hundred 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 traded.

abrdn Property Income Trust Stock Up 1.6 %

The firm has a market cap of £24.78 million, a price-to-earnings ratio of -325.00 and a beta of 0.33. The business’s 50-day moving average is GBX 39.26 and its 200-day moving average is GBX 50.56. The company has a debt-to-equity ratio of 47.99, a quick ratio of 0.16 and a current ratio of 3.47.

abrdn Property Income Trust Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Tuesday, December 17th were issued a dividend of GBX 52 ($0.64) per share. This is a positive change from abrdn Property Income Trust’s previous dividend of $3.00. The ex-dividend date of this dividend was Tuesday, December 17th. This represents a dividend yield of 85.81%. abrdn Property Income Trust’s dividend payout ratio (DPR) is presently -20,000.00%.

abrdn Property Income Trust Company Profile

(Get Free Report)

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

Featured Articles

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.