Mapletree Logistics Trust (MAPGF) to Release Quarterly Earnings on Tuesday

Mapletree Logistics Trust (OTCMKTS:MAPGF) is expected to be announcing its results after the market closes on Tuesday, July 28th. Analysts expect the company to announce earnings of $0.0077 per share and revenue of $138.7330 million for the quarter.

Mapletree Logistics Trust Trading Up 7.1%

OTCMKTS MAPGF opened at $1.05 on Tuesday. The firm’s 50 day simple moving average is $0.96 and its 200 day simple moving average is $0.97. Mapletree Logistics Trust has a 1 year low of $0.81 and a 1 year high of $1.16.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded Mapletree Logistics Trust to a “buy” rating in a research report on Monday, April 13th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has an average rating of “Buy”.

Mapletree Logistics Trust Company Profile

Mapletree Logistics Trust (OTCMKTS:MAPGF) is a Singapore‐listed real estate investment trust specializing in high‐quality logistics and distribution assets. It is externally managed by Mapletree Logistics Trust Management Ltd, a wholly owned subsidiary of Mapletree Investments Pte Ltd, and invests primarily in freestanding warehouses, multi‐user logistics facilities and distribution centres leased to third‐party logistics providers, e‐commerce companies and multinational distributors.

Since its initial public listing in April 2017, the trust has assembled a portfolio of strategically located properties across key Asia‐Pacific markets, including Singapore, China, Japan, Australia, Hong Kong, South Korea, Malaysia and Vietnam.