European Residential Real Estate Investment Trust (TSE:ERE-UN) Shares Up 0.4% – Here’s Why

European Residential Real Estate Investment Trust (TSE:ERE-UNGet Free Report)’s share price was up 0.4% during trading on Monday . The company traded as high as C$2.42 and last traded at C$2.39. Approximately 737,709 shares were traded during mid-day trading, The stock had previously closed at C$2.38.

European Residential Real Estate Investment Trust Price Performance

The firm has a market capitalization of C$219.88 million, a P/E ratio of 12.58 and a beta of 1.28. The company has a fifty day moving average of C$3.41 and a 200 day moving average of C$3.06. The company has a debt-to-equity ratio of 256.06, a current ratio of 0.27 and a quick ratio of 0.20.

About European Residential Real Estate Investment Trust

(Get Free Report)

ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands.

See Also

Receive News & Ratings for European Residential Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for European Residential Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.