abrdn European Logistics Income (LON:ASLI) Shares Up 2.5% - What's Next?

Shares of abrdn European Logistics Income plc (LON:ASLI - Get Free Report) were up 2.5% during mid-day trading on Thursday . The company traded as high as GBX 58.40 ($0.71) and last traded at GBX 58.40 ($0.71). Approximately 860,657 shares changed hands during trading, a decline of 26% from the average daily volume of 1,170,901 shares. The stock had previously closed at GBX 57 ($0.70).

abrdn European Logistics Income Stock Performance

The stock has a market cap of £235.76 million, a price-to-earnings ratio of -336.47, a PEG ratio of 9.27 and a beta of 0.38. The company has a current ratio of 3.10, a quick ratio of 4.22 and a debt-to-equity ratio of 72.97. The firm has a fifty day simple moving average of GBX 58.44 and a 200 day simple moving average of GBX 59.93.

abrdn European Logistics Income Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, December 5th were given a GBX 0.87 ($0.01) dividend. The ex-dividend date of this dividend was Thursday, December 5th. This is a positive change from abrdn European Logistics Income's previous dividend of $0.77. This represents a yield of 1.51%. abrdn European Logistics Income's payout ratio is -2,941.18%.

abrdn European Logistics Income Company Profile

Capturing long-term income potential from logistics real estate in Europe