CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) shares gapped down prior to trading on Wednesday . The stock had previously closed at $2.0020, but opened at $1.80. CapitaLand Ascendas REIT shares last traded at $1.80, with a volume of 300 shares changing hands.
CapitaLand Ascendas REIT Trading Down 10.1%
The business has a 50-day moving average price of $1.96 and a two-hundred day moving average price of $2.03. The stock has a market capitalization of $8.98 billion and a P/E ratio of 10.42.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT (OTCMKTS: ACDSF) is a Singapore-listed real estate investment trust focused on industrial and business space assets. Established with the objective of providing investors with sustainable distributions and long-term capital growth, the trust holds a diversified portfolio of properties that cater to a wide range of industries, including technology, logistics, manufacturing and research and development.
The REIT’s core business activities encompass the acquisition, ownership, asset management and development of business parks, science parks, hi-tech buildings and logistics facilities.
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