TAG Immobilien (ETR:TEG) Shares Down 3.2% – Here’s Why

TAG Immobilien AG (ETR:TEGGet Free Report)’s stock price was down 3.2% on Thursday . The stock traded as low as €14.96 ($15.91) and last traded at €15.05 ($16.01). Approximately 567,257 shares changed hands during trading, an increase of 36% from the average daily volume of 416,823 shares. The stock had previously closed at €15.55 ($16.54).

TAG Immobilien Trading Up 0.7 %

The company has a market cap of $2.66 billion, a P/E ratio of -26.88, a PEG ratio of 0.37 and a beta of 1.04. The company has a current ratio of 0.76, a quick ratio of 0.08 and a debt-to-equity ratio of 109.22. The business has a 50 day moving average price of €15.95 and a 200-day moving average price of €14.74.

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.

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