Adler Group (ETR:ADJ) Stock Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Shares of Adler Group S.A. (ETR:ADJ) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of €0.20 and traded as low as €0.19. Adler Group shares last traded at €0.19, with a volume of 195,547 shares trading hands.

Adler Group Stock Down 1.6%

The company has a debt-to-equity ratio of 390.39, a quick ratio of 0.42 and a current ratio of 2.33. The stock has a market cap of $27.40 million, a price-to-earnings ratio of 0.03, a price-to-earnings-growth ratio of 0.20 and a beta of 1.55. The business’s 50 day moving average is €0.20 and its 200 day moving average is €0.20.

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.