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

TAG Immobilien logo with Real Estate background
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TAG Immobilien AG (ETR:TEG - Get Free Report) was down 2.6% during trading on Tuesday . The company traded as low as €12.19 ($13.25) and last traded at €12.28 ($13.35). Approximately 486,020 shares changed hands during trading, an increase of 17% from the average daily volume of 416,823 shares. The stock had previously closed at €12.61 ($13.71).

TAG Immobilien Trading Up 2.6 %

The business's 50-day moving average price is €13.25 and its two-hundred day moving average price is €14.59. The firm has a market cap of $2.21 billion, a price-to-earnings ratio of -22.59, a price-to-earnings-growth ratio of 0.37 and a beta of 1.04. The company has a debt-to-equity ratio of 126.23, a current ratio of 1.03 and a quick ratio of 0.08.

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.

Further Reading

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