Free Trial

European Residential Real Estate Investment Trust (TSE:ERE-UN) Shares Down 1.2% - Here's Why

European Residential Real Estate Investment Trust logo with Real Estate background

Shares of European Residential Real Estate Investment Trust (TSE:ERE-UN - Get Free Report) traded down 1.2% during mid-day trading on Tuesday . The company traded as low as C$2.47 and last traded at C$2.49. 75,495 shares traded hands during mid-day trading, The stock had previously closed at C$2.52.

European Residential Real Estate Investment Trust Stock Performance

The company's 50 day simple moving average is C$2.49 and its 200 day simple moving average is C$2.90. The company has a debt-to-equity ratio of 208.98, a quick ratio of 0.20 and a current ratio of 1.43. The stock has a market cap of C$154.84 million, a price-to-earnings ratio of -3.28 and a beta of 1.28.

About European Residential Real Estate Investment Trust

(Get Free Report)

ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands.

See Also

Should You Invest $1,000 in European Residential Real Estate Investment Trust Right Now?

Before you consider European Residential Real Estate Investment Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and European Residential Real Estate Investment Trust wasn't on the list.

While European Residential Real Estate Investment Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?
3 Tech Stocks to Buy Now—And 3 You’ll Regret Keeping

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines