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abrdn European Logistics Income (LON:ASLI) Stock Price Up 2.5% - Should You Buy?

abrdn European Logistics Income logo with Financial Services background

Shares of abrdn European Logistics Income plc (LON:ASLI - Get Free Report) were up 2.5% during trading on Thursday . The stock 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 mid-day 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 Price Performance

The stock's 50 day moving average is GBX 58.44 and its two-hundred day moving average is GBX 59.93. The company has a debt-to-equity ratio of 72.97, a current ratio of 3.10 and a quick ratio of 4.22. The stock has a market capitalization of £235.76 million, a PE ratio of -336.47, a price-to-earnings-growth ratio of 9.27 and a beta of 0.38.

abrdn European Logistics Income Increases Dividend

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

About abrdn European Logistics Income

(Get Free Report)

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

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