Adler Group (ETR:ADJ) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of Adler Group S.A. (ETR:ADJ) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of €0.15 and traded as low as €0.00. Adler Group shares last traded at €0.14, with a volume of 203,383 shares trading hands.

Adler Group Price Performance

The company has a debt-to-equity ratio of 3,636.68, a current ratio of 11.12 and a quick ratio of 0.42. The company has a 50-day simple moving average of €0.15 and a 200-day simple moving average of €0.17. The stock has a market cap of $19.02 million, a PE ratio of 0.02, a PEG ratio of 0.20 and a beta of 1.44.

Adler Group Company Profile

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.