Shares of CapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $1.80, but opened at $1.94. CapitaLand Ascendas REIT shares last traded at $1.94, with a volume of 10,475 shares trading hands.
CapitaLand Ascendas REIT Trading Up 8.1%
The company’s 50-day moving average is $1.94 and its 200 day moving average is $2.01. The firm has a market cap of $9.71 billion and a PE 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.
Featured Articles
- Five stocks we like better than CapitaLand Ascendas REIT
- MDA Space Targets US Defense Market With $620M Acquisition
- Carnival’s Second Quarter: Is the Stock Still Complicated?
- Domino’s Stock Slides to 52-Week Low as Investors Digest CEO Change
- Microsoft Solves AI’s Biggest Bottleneck With Chevron Deal
Receive News & Ratings for CapitaLand Ascendas REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CapitaLand Ascendas REIT and related companies with MarketBeat.com's FREE daily email newsletter.
