TAG Immobilien (ETR:TEG) Trading Down 0.9% – Here’s Why

Shares of TAG Immobilien AG (ETR:TEGGet Free Report) traded down 0.9% during mid-day trading on Tuesday . The company traded as low as €14.12 and last traded at €14.18. 214,852 shares were traded during mid-day trading, a decline of 48% from the average session volume of 416,823 shares. The stock had previously closed at €14.31.

TAG Immobilien Trading Down 0.9%

The company has a quick ratio of 0.08, a current ratio of 1.03 and a debt-to-equity ratio of 126.23. The firm has a market capitalization of $2.49 billion, a PE ratio of -25.38, a PEG ratio of 0.37 and a beta of 1.04. The stock’s fifty day simple moving average is €13.73 and its 200 day simple moving average is €14.37.

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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