TAG Immobilien (ETR:TEG) Shares Down 2.2% – Here’s What Happened

TAG Immobilien AG (ETR:TEGGet Free Report) traded down 2.2% on Tuesday . The stock traded as low as €13.30 and last traded at €13.30. 441,035 shares were traded during mid-day trading, an increase of 6% from the average daily volume of 416,823 shares. The stock had previously closed at €13.60.

TAG Immobilien Trading Down 2.2%

The stock has a market capitalization of $2.33 billion, a P/E ratio of -23.80, a P/E/G ratio of 0.37 and a beta of 1.40. The company has a current ratio of 0.92, a quick ratio of 0.08 and a debt-to-equity ratio of 128.99. The business has a 50-day moving average price of €13.92 and a two-hundred day moving average price of €14.28.

About TAG Immobilien

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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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