TAG Immobilien (ETR:TEG) Trading Down 2.7% – Should You Sell?

TAG Immobilien AG (ETR:TEG) shares traded down 2.7% during trading on Wednesday . The company traded as low as €13.84 and last traded at €13.84. 515,406 shares were traded during trading, an increase of 24% from the average session volume of 416,823 shares. The stock had previously closed at €14.22.

TAG Immobilien Trading Down 2.7%

The stock has a market cap of $2.43 billion, a P/E ratio of -24.77, a PEG ratio of 0.37 and a beta of 1.36. The company has a debt-to-equity ratio of 132.83, a current ratio of 0.97 and a quick ratio of 0.08. The business’s 50 day simple moving average is €14.64 and its 200 day simple moving average is €14.29.

TAG Immobilien Company Profile

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. TAG Immobilien AG was founded in 1882 and is headquartered in Hamburg, Germany.