Mapletree Logistics Trust (OTCMKTS:MAPGF) Trading Down 6.7% – What’s Next?

Mapletree Logistics Trust (OTCMKTS:MAPGFGet Free Report)’s stock price was down 6.7% during trading on Tuesday . The company traded as low as $0.92 and last traded at $0.92. Approximately 2,127 shares traded hands during trading, a decline of 80% from the average daily volume of 10,704 shares. The stock had previously closed at $0.99.

Mapletree Logistics Trust Stock Performance

The firm has a 50 day moving average price of $1.02 and a two-hundred day moving average price of $1.03.

About Mapletree Logistics Trust

(Get Free Report)

MLT, the first Asia-focused logistics REIT in Singapore, was listed on the SGX-ST Main Board on 28 July 2005. MLT's principal strategy is to invest in a diversified portfolio of income-producing logistics real estate and real estate-related assets. As at 31 December 2023, it has a portfolio of 187 properties in Singapore, Australia, China, Hong Kong SAR, India, Japan, Malaysia, South Korea and Vietnam with assets under management of S$13.3 billion.

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