Adler Group (ETR:ADJ) Stock Passes Below Fifty Day Moving Average – Time to Sell?

Adler Group S.A. (ETR:ADJ)’s share price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €0.17 and traded as low as €0.16. Adler Group shares last traded at €0.17, with a volume of 16,733 shares traded.

Adler Group Price Performance

The company has a quick ratio of 0.42, a current ratio of 7.98 and a debt-to-equity ratio of 3,342.65. The stock has a market capitalization of $24.71 million, a price-to-earnings ratio of 0.03, a P/E/G ratio of 0.20 and a beta of 1.55. The company’s 50-day simple moving average is €0.17 and its 200 day simple moving average is €0.19.

About Adler Group

Adler Group SA engages in the purchase, management, and development of multifamily residential real estate properties in Germany. It operates through Residential Property Management, Adler RE, Consus, and Privatization segments. The company is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units, as well as It also engages in holding, operating, and selling commercial units; and the modernization, maintenance, real estate investment, development of middle income houses, and management of non-vacant units.