ADLER Real Estate (ETR:ADL) Trading 7% Higher

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Shares of ADLER Real Estate AG (ETR:ADLGet Rating) shot up 7% during mid-day trading on Thursday . The company traded as high as €4.60 ($4.79) and last traded at €4.60 ($4.79). 10,862 shares were traded during trading, a decline of 89% from the average session volume of 98,380 shares. The stock had previously closed at €4.30 ($4.48).

The company has a debt-to-equity ratio of 92.41, a quick ratio of 0.52 and a current ratio of 2.13. The stock has a 50 day moving average price of €5.53 and a 200 day moving average price of €6.59. The company has a market cap of $519.73 million and a P/E ratio of -28.27.

About ADLER Real Estate (ETR:ADL)

ADLER is one of Germany’s leading residential property companies with a focus on affordable housing. Its portfolio is primarily located in – or on the outskirts of – large and growing conurbations in northern, eastern and western Germany and has considerable upside potential in terms of revaluation gains, vacancy reduction and rent uplifts.

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