abrdn Property Income Trust (LON:API) Shares Cross Below 200-Day Moving Average – Here’s What Happened

abrdn Property Income Trust Limited (LON:APIGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 50.56 ($0.62) and traded as low as GBX 6.20 ($0.08). abrdn Property Income Trust shares last traded at GBX 6.50 ($0.08), with a volume of 3,203,153 shares.

abrdn Property Income Trust Price Performance

The firm has a market capitalization of £25.16 million, a PE ratio of -330.00 and a beta of 0.33. The company has a 50-day moving average price of GBX 37.08 and a 200-day moving average price of GBX 49.94. The company has a debt-to-equity ratio of 47.99, a current ratio of 3.47 and a quick ratio of 0.16.

abrdn Property Income Trust Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Tuesday, December 17th were paid a dividend of GBX 52 ($0.64) per share. This is a boost from abrdn Property Income Trust’s previous dividend of $3.00. This represents a dividend yield of 85.81%. The ex-dividend date of this dividend was Tuesday, December 17th. abrdn Property Income Trust’s dividend payout ratio (DPR) is currently -20,000.00%.

About abrdn Property Income Trust

(Get Free Report)

Actively managing UK real estate looking for higher yield and capital growth

Featured Stories

Receive News & Ratings for abrdn Property Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for abrdn Property Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.