TAG Immobilien (ETR:TEG) Stock Price Down 3.6% – Here’s What Happened

TAG Immobilien AG (ETR:TEGGet Free Report) fell 3.6% during trading on Tuesday . The company traded as low as €12.65 and last traded at €12.65. 405,280 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 416,823 shares. The stock had previously closed at €13.12.

TAG Immobilien Price Performance

The company has a debt-to-equity ratio of 127.25, a current ratio of 0.47 and a quick ratio of 0.08. The stock has a 50 day simple moving average of €13.48 and a two-hundred day simple moving average of €14.13. The company has a market cap of $2.22 billion, a price-to-earnings ratio of -22.64, a price-to-earnings-growth ratio of 0.37 and a beta of 1.39.

TAG Immobilien Company Profile

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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.

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