abrdn European Logistics Income (LON:ASLI) Shares Down 0.7% - Time to Sell?

Shares of abrdn European Logistics Income plc (LON:ASLI - Get Free Report) fell 0.7% during trading on Monday . The company traded as low as GBX 60 ($0.75) and last traded at GBX 60.40 ($0.76). 359,652 shares were traded during trading, a decline of 68% from the average session volume of 1,114,823 shares. The stock had previously closed at GBX 60.80 ($0.76).

abrdn European Logistics Income Stock Down 0.7 %

The firm's 50 day moving average price is GBX 58.59 and its two-hundred day moving average price is GBX 59.69. The firm has a market capitalization of £248.13 million, a PE ratio of -354.12, a P/E/G ratio of 9.27 and a beta of 0.38. The company has a quick ratio of 4.22, a current ratio of 3.10 and a debt-to-equity ratio of 72.97.

abrdn European Logistics Income Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, December 5th were paid a dividend of GBX 0.87 ($0.01) per share. This is a boost from abrdn European Logistics Income's previous dividend of $0.77. This represents a dividend yield of 1.51%. The ex-dividend date was Thursday, December 5th. abrdn European Logistics Income's dividend payout ratio is -2,941.18%.

About abrdn European Logistics Income

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