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

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.
  • Five stocks to consider instead of abrdn European Logistics Income.

abrdn European Logistics Income plc (LON:ASLI - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 33 ($0.44) and last traded at GBX 33.45 ($0.45), with a volume of 3407473 shares traded. The stock had previously closed at GBX 33.40 ($0.45).

abrdn European Logistics Income Stock Up 0.1%

The firm has a fifty day simple moving average of GBX 49.95 and a 200-day simple moving average of GBX 55.05. The company has a market capitalization of £138.08 million, a P/E ratio of 4,785.71, a P/E/G ratio of 9.27 and a beta of 0.38.

About abrdn European Logistics Income

(Get Free Report)

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

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