CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Trading Up 7.9% – Should You Buy?

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report) shares traded up 7.9% during mid-day trading on Tuesday . The stock traded as high as $1.98 and last traded at $1.94. 43,990 shares traded hands during trading, a decline of 19% from the average session volume of 54,388 shares. The stock had previously closed at $1.80.

CapitaLand Ascendas REIT Stock Up 7.9 %

The business’s fifty day simple moving average is $1.87 and its 200 day simple moving average is $1.96.

About CapitaLand Ascendas REIT

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CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets.

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