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abrdn European Logistics Income (LON:ASLI) Shares Up 0.6% - Here's Why

abrdn European Logistics Income logo with Financial Services background

Key Points

  • Shares of abrdn European Logistics Income plc rose 0.6%, trading at GBX 47.80 ($0.64) amidst lower trading volume of approximately 309,397 shares.
  • The company's market capitalization stands at £236.76 million with a negative P/E ratio of -3.56, indicating potential challenges in profitability.
  • Despite the stock's recent performance, analysts highlight capturing long-term income potential from logistics real estate in Europe.
  • Looking to export and analyze abrdn European Logistics Income data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

abrdn European Logistics Income plc (LON:ASLI - Get Free Report)'s stock price was up 0.6% during trading on Wednesday . The company traded as high as GBX 47.84 ($0.65) and last traded at GBX 47.80 ($0.65). Approximately 309,397 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 1,062,694 shares. The stock had previously closed at GBX 47.50 ($0.64).

abrdn European Logistics Income Stock Down 1.0%

The firm has a market capitalization of £237.25 million, a price-to-earnings ratio of -3.57, a P/E/G ratio of 9.27 and a beta of 0.38. The stock has a 50 day moving average of GBX 57.03 and a 200 day moving average of GBX 57.27.

About abrdn European Logistics Income

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

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