Mapletree Logistics Trust (OTCMKTS:MAPGF) Shares Down 4.4% – Time to Sell?

Mapletree Logistics Trust (OTCMKTS:MAPGFGet Free Report) shares traded down 4.4% during trading on Friday . The stock traded as low as $0.91 and last traded at $0.91. 500 shares traded hands during mid-day trading, a decline of 95% from the average session volume of 9,700 shares. The stock had previously closed at $0.95.

Mapletree Logistics Trust Stock Performance

The company has a 50-day moving average of $0.97 and a 200-day moving average 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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