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abrdn European Logistics Income (LON:ASLI) Sets New 52-Week Low - Here's Why

abrdn European Logistics Income logo with Financial Services background

Key Points

  • abrdn European Logistics Income plc reached a new 52-week low of GBX 33 ($0.45) during trading, reflecting a significant decline in stock price.
  • The firm currently holds a market capitalization of £137.87 million and has a notably high price-to-earnings ratio of 4,778.57.
  • Stock trading volume reached 3,407,473 shares, indicating heightened trading activity amid the stock's decline.
  • MarketBeat previews the top five stocks to own by November 1st.

abrdn European Logistics Income plc (LON:ASLI - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 33 ($0.45) and last traded at GBX 33.45 ($0.45), with a volume of 3407473 shares trading hands. The stock had previously closed at GBX 33.40 ($0.45).

abrdn European Logistics Income Price Performance

The business has a fifty day moving average price of GBX 49.33 and a two-hundred day moving average price of GBX 54.89. The firm has a market capitalization of £139.52 million, a price-to-earnings ratio of 4,835.71, a price-to-earnings-growth ratio of 9.27 and a beta of 0.38.

abrdn European Logistics Income Company Profile

(Get Free Report)

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

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