Shares of TAG Immobilien AG (OTCMKTS:TAGOF – Get Free Report) dropped 17.7% during mid-day trading on Thursday . The stock traded as low as $13.79 and last traded at $13.79. Approximately 1,785 shares changed hands during trading, an increase of 116% from the average daily volume of 826 shares. The stock had previously closed at $16.76.
TAG Immobilien Price Performance
The firm has a 50-day moving average price of $17.07 and a 200 day moving average price of $16.78.
TAG Immobilien Company Profile
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.
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