CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Trading 5.7% Higher – Here’s What Happened

CapitaLand Ascendas REIT (OTCMKTS:ACDSFGet Free Report)’s share price shot up 5.7% during mid-day trading on Monday . The company traded as high as $1.83 and last traded at $1.83. 2,458 shares changed hands during trading, a decline of 93% from the average session volume of 35,263 shares. The stock had previously closed at $1.73.

CapitaLand Ascendas REIT Price Performance

The company’s 50-day simple moving average is $1.87 and its 200 day simple moving average is $1.93.

About CapitaLand Ascendas REIT

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CapitaLand Ascendas REIT (CLAR) is Singapore’s first and largest listed business space and industrial real estate investment trust. It was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in November 2002. CLAR has since grown to be a global REIT anchored in Singapore, with a strong focus on tech and logistics properties in developed markets.

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