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TAG Immobilien (ETR:TEG) Shares Down 2.6% - Here's Why

TAG Immobilien logo with Real Estate background

TAG Immobilien AG (ETR:TEG - Get Free Report)'s stock price was down 2.6% during trading on Friday . The company traded as low as €15.24 ($16.04) and last traded at €15.24 ($16.04). Approximately 588,644 shares traded hands during trading, an increase of 41% from the average daily volume of 416,823 shares. The stock had previously closed at €15.65 ($16.47).

TAG Immobilien Trading Up 1.7 %

The stock has a market cap of $2.72 billion, a P/E ratio of -27.68, a price-to-earnings-growth ratio of 0.37 and a beta of 1.04. The company has a current ratio of 0.76, a quick ratio of 0.08 and a debt-to-equity ratio of 109.22. The business's fifty day simple moving average is €15.66 and its 200 day simple moving average is €14.91.

TAG Immobilien Company Profile

(Get Free Report)

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also rents commercial real estate properties, as well as operates serviced apartments. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

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