LEG Immobilien (OTCMKTS:LEGIF) Reaches New 52-Week Low – What’s Next?

Shares of LEG Immobilien AG (OTCMKTS:LEGIF) reached a new 52-week low during trading on Friday . The company traded as low as $64.45 and last traded at $64.45, with a volume of 100 shares. The stock had previously closed at $68.20.

Analyst Upgrades and Downgrades

Separately, BNP Paribas Exane raised LEG Immobilien from an “underperform” rating to an “outperform” rating in a research report on Friday, December 5th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

LEG Immobilien Price Performance

The company’s 50-day simple moving average is $72.88 and its two-hundred day simple moving average is $75.08. The firm has a market capitalization of $4.87 billion, a P/E ratio of 3.37 and a beta of 0.91.

LEG Immobilien (OTCMKTS:LEGIF) last released its quarterly earnings data on Thursday, March 5th. The company reported $5.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $3.32. LEG Immobilien had a net margin of 122.87% and a return on equity of 16.71%. The firm had revenue of $273.25 million for the quarter, compared to analysts’ expectations of $232.50 million.

LEG Immobilien Company Profile

LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.