TAG Immobilien (ETR:TEG) Stock Price Down 2.6% – Here’s Why

TAG Immobilien AG (ETR:TEGGet Free Report)’s stock price dropped 2.6% on Friday . The stock traded as low as €15.24 ($16.04) and last traded at €15.24 ($16.04). Approximately 588,644 shares changed hands during trading, an increase of 41% from the average daily volume of 416,823 shares. The stock had previously closed at €15.65 ($16.47).

TAG Immobilien Trading Up 1.7 %

The stock’s 50 day moving average is €15.66 and its 200-day moving average is €14.91. The company has a market cap of $2.72 billion, a P/E ratio of -27.68, 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.

TAG Immobilien Company Profile

(Get Free Report)

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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