TAG Immobilien (ETR:TEG) Trading Down 1.1% – Here’s Why

Shares of TAG Immobilien AG (ETR:TEGGet Free Report) fell 1.1% during trading on Tuesday . The company traded as low as €11.07 and last traded at €11.21. 510,793 shares were traded during mid-day trading, an increase of 23% from the average session volume of 416,823 shares. The stock had previously closed at €11.34.

TAG Immobilien Trading Down 1.1%

The business’s 50 day moving average price is €12.86 and its two-hundred day moving average price is €13.68. The company has a current ratio of 0.47, a quick ratio of 0.08 and a debt-to-equity ratio of 127.25. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of -20.06, a P/E/G ratio of 0.37 and a beta of 1.38.

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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