CapitaLand Ascendas REIT (OTCMKTS:ACDSF) Shares Gap Up – Here’s What Happened
by Kim Johansen · The Markets DailyCapitaLand Ascendas REIT (OTCMKTS:ACDSF – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $1.80, but opened at $1.88. CapitaLand Ascendas REIT shares last traded at $1.88, with a volume of 704,000 shares changing hands.
CapitaLand Ascendas REIT Price Performance
The firm’s 50 day simple moving average is $1.88 and its two-hundred day simple moving average is $1.94.
About CapitaLand Ascendas REIT
CapitaLand Ascendas REIT is a Singapore-listed real estate investment trust that owns and manages a diversified portfolio of income-producing commercial and industrial properties. Its portfolio is designed to serve businesses across sectors including technology, manufacturing, logistics, research and development, and financial services.
The REIT’s properties include business parks, science parks, industrial facilities, logistics and distribution centers, data centers, warehouses, and suburban offices.