European Residential Real Estate Investment Trust (TSE:ERE-UN – Get Rating) shares were down 1% during mid-day trading on Tuesday . The company traded as low as C$2.99 and last traded at C$2.99. Approximately 38,060 shares were traded during mid-day trading, The stock had previously closed at C$3.02.
European Residential Real Estate Investment Trust Trading Down 1.0 %
The business has a fifty day simple moving average of C$3.27 and a 200-day simple moving average of C$3.30. The company has a debt-to-equity ratio of 295.04, a quick ratio of 0.20 and a current ratio of 0.10. The firm has a market cap of C$270.62 million, a price-to-earnings ratio of 11.07 and a beta of 1.18.
About European Residential Real Estate Investment Trust
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 initial focus on investing in high-quality multi-residential real estate properties in the Netherlands.
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