AWP Stock Summary and Trading Ideas (Aberdeen Global Premier Properties | NYSE:AWP)

Capital appreciation with secondary objective of high current income. Aims to invest in issuers that are principally engaged in the real estate industry or real estate financing of which controls significant real estate assets. Seeks companies in countries which benefit from the economic and demographic drivers of demand, as well as constraints on potential competition from new supply. Alpine has searched for added investment benefits as shifts in demand and supply trends might favorably influence the prospects for many local and regional real estate cycles. Alpine aims to adjust the dynamics of the Fund’s portfolio by shifting emphasis over time to maintain a favorable balance among three pillars of real estate value — Premier Property Owners, Premier Property Developers, and Premier Property Financiers/Investors.

Aberdeen Global Premier Properties trades on the NYSE stock market under the symbol AWP.

As of April 18, 2024, AWP stock price declined to $3.59 with 188,739 million shares trading.

AWP has a beta of 1.63, meaning it tends to be more sensitive to market movements. AWP has a correlation of 0.48 to the broad based SPY ETF.

AWP has a market cap of $306.61 million. This is considered a Small Cap stock.

In the last 3 years, AWP stock traded as high as $6.92 and as low as $3.06.

AWP has underperformed the market in the last year with a price return of +1.7% while the SPY ETF gained +22.2%. AWP has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.8% and -4.5%, respectively, while the SPY returned +5.2% and -2.6%, respectively.

AWP support price is $3.56 and resistance is $3.66 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AWP stock will trade within this expected range on the day.