LEG Immobilien (OTCMKTS:LEGIF) Sees Strong Trading Volume – Should You Buy?

Shares of LEG Immobilien AG (OTCMKTS:LEGIF) saw strong trading volume on Wednesday . 3,294 shares changed hands during trading, an increase of 217% from the previous session’s volume of 1,038 shares.The stock last traded at $73.75 and had previously closed at $71.74.

Analyst Upgrades and Downgrades

Separately, BNP Paribas lowered LEG Immobilien from a “neutral” rating to an “underperform” rating in a research report on Wednesday, September 10th. One equities research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce”.

LEG Immobilien Price Performance

The stock has a market capitalization of $5.47 billion, a PE ratio of 9.65 and a beta of 0.82. The stock’s 50 day simple moving average is $78.84 and its two-hundred day simple moving average is $82.03.

LEG Immobilien Company Profile

LEG Immobilien SE, together with its subsidiaries, operates as an integrated property company in Germany. The company engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat activities.