Free Trial

abrdn European Logistics Income (LON:ASLI) Stock Price Down 2.6% - Here's Why

abrdn European Logistics Income logo with Financial Services background

Key Points

  • abrdn European Logistics Income plc saw its stock price decline by 2.6%, trading as low as GBX 33.81 ($0.45) before closing at GBX 35.30 ($0.47).
  • Trading volume surged by 51% compared to the average session, with 2,763,037 shares changing hands.
  • The company's market capitalization stands at £145.50 million, with a PE ratio of 17.65 and a two-hundred day moving average price of GBX 51.69.
  • Interested in abrdn European Logistics Income? Here are five stocks we like better.

abrdn European Logistics Income plc (LON:ASLI - Get Free Report)'s share price traded down 2.6% on Monday . The stock traded as low as GBX 33.81 ($0.45) and last traded at GBX 35.30 ($0.47). 2,763,037 shares changed hands during mid-day trading, an increase of 51% from the average session volume of 1,828,227 shares. The stock had previously closed at GBX 36.25 ($0.49).

abrdn European Logistics Income Stock Performance

The firm's 50 day moving average price is GBX 40.17 and its two-hundred day moving average price is GBX 51.69. The firm has a market cap of £145.50 million, a PE ratio of 17.65, a PEG 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

Featured Articles

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in abrdn European Logistics Income Right Now?

Before you consider abrdn European Logistics Income, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and abrdn European Logistics Income wasn't on the list.

While abrdn European Logistics Income currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.