TAG Immobilien (ETR:TEG) Stock Price Down 1.1% – What’s Next?

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

TAG Immobilien Trading Down 1.1%

The firm’s 50-day simple moving average is €12.86 and its 200 day simple moving average is €13.68. 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 firm 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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