ADLER Real Estate (ETR:ADL) Shares Up 7%

ADLER Real Estate AG (ETR:ADLGet Rating)’s share price shot up 7% during mid-day trading on Thursday . The company traded as high as €4.60 ($4.79) and last traded at €4.60 ($4.79). 10,862 shares traded hands during trading, a decline of 89% from the average session volume of 98,380 shares. The stock had previously closed at €4.30 ($4.48).

The company has a quick ratio of 0.52, a current ratio of 2.13 and a debt-to-equity ratio of 92.41. The stock has a market capitalization of $519.73 million and a price-to-earnings ratio of -28.27. The firm has a 50-day moving average of €5.53 and a two-hundred day moving average of €6.59.

About ADLER Real Estate (ETR:ADL)

ADLER is one of Germany's leading residential property companies with a focus on affordable housing. Its portfolio is primarily located in – or on the outskirts of – large and growing conurbations in northern, eastern and western Germany and has considerable upside potential in terms of revaluation gains, vacancy reduction and rent uplifts.

See Also

Want More Great Investing Ideas?

Receive News & Ratings for ADLER Real Estate Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ADLER Real Estate and related companies with MarketBeat.com's FREE daily email newsletter.