abrdn European Logistics Income (LON:ASLI) Trading Down 28.5% - Time to Sell?

Key Points

• abrdn European Logistics Income plc's shares fell 28.5% to GBX 33.90 ($0.46) during Monday's trading, significantly lower than the previous close of GBX 47.40 ($0.64).
• The trading volume reached 2,955,353 shares, marking a 173% increase compared to the average session volume of 1,082,578 shares.
• The company's market cap is currently £139.73 million, with a remarkably high PE ratio of 4,842.86, suggesting potential valuation concerns.

abrdn European Logistics Income plc (LON:ASLI - Get Free Report) shares fell 28.5% on Monday . The stock traded as low as GBX 33 ($0.45) and last traded at GBX 33.90 ($0.46). 2,955,353 shares changed hands during mid-day trading, an increase of 173% from the average session volume of 1,082,578 shares. The stock had previously closed at GBX 47.40 ($0.64).

abrdn European Logistics Income Trading Up 0.2%

The firm has a market capitalization of £138.10 million, a PE ratio of 4,786.57, a price-to-earnings-growth ratio of 9.27 and a beta of 0.38. The firm has a 50-day moving average of GBX 50.56 and a two-hundred day moving average of GBX 55.24.

About abrdn European Logistics Income

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