Hamborner Reit (ETR:HAB) Hits New 52-Week High at $9.55

Hamborner Reit AG (ETR:HAB)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as €9.55 ($11.11) and last traded at €9.53 ($11.08), with a volume of 6240 shares changing hands. The stock had previously closed at €9.57 ($11.13).

Separately, Berenberg Bank set a €11.00 ($12.79) price objective on shares of Hamborner Reit and gave the company a “buy” rating in a research report on Wednesday, July 24th.

The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 121.18. The business’s 50-day moving average is €9.46 and its two-hundred day moving average is €9.23. The firm has a market cap of $763.70 million and a P/E ratio of 39.10.

Hamborner Reit Company Profile (ETR:HAB)

HAMBORNER REIT AG is a public company listed in the SDAX that operates exclusively in the property sector and is positioned as a portfolio holder for high-yield commercial properties. The company generates sustainable rental income on the basis of a diversified portfolio of properties distributed throughout Germany with a total value of around EUR1.5 billion.

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