abrdn Property Income Trust Limited (LON:API - Get Free Report)'s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 54.13 ($0.70) and traded as high as GBX 61.10 ($0.79). abrdn Property Income Trust shares last traded at GBX 61 ($0.79), with a volume of 1,052,303 shares changing hands.
abrdn Property Income Trust Stock Performance
The company has a debt-to-equity ratio of 47.99, a current ratio of 3.47 and a quick ratio of 0.16. The stock has a market cap of £231.78 million, a price-to-earnings ratio of -3,040.00 and a beta of 0.33. The firm has a fifty day moving average of GBX 58.28 and a 200 day moving average of GBX 54.21.
abrdn Property Income Trust Dividend Announcement
The firm also recently disclosed a dividend, which was paid on Friday, August 30th. Investors of record on Thursday, August 15th were given a GBX 1 ($0.01) dividend. The ex-dividend date was Thursday, August 15th. This represents a yield of 1.85%. abrdn Property Income Trust's payout ratio is -20,000.00%.
Insider Buying and Selling
In other news, insider Jill May sold 128,592 shares of the firm's stock in a transaction on Friday, October 11th. The stock was sold at an average price of GBX 61 ($0.79), for a total transaction of £78,441.12 ($101,845.13). 3.21% of the stock is currently owned by company insiders.
About abrdn Property Income Trust
(
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The objective of abrdn Property Income Trust Limited is to provide shareholders with an attractive level of income together with the prospect of income and capital growth. The Board intends to achieve the investment objective by investing in a diversified portfolio of UK commercial properties in the industrial, office, retail and other' sectors, where other' includes leisure, data centres, student housing, hotels (and apart-hotels) and healthcare.
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