LEG Immobilien (OTCMKTS:LEGIF) Hits New 1-Year Low – Here’s Why

LEG Immobilien AG (OTCMKTS:LEGIFGet Free Report)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $58.6754 and last traded at $58.6754, with a volume of 596 shares. The stock had previously closed at $63.05.

LEG Immobilien Trading Down 3.6%

The company has a market capitalization of $4.43 billion, a price-to-earnings ratio of 3.30 and a beta of 0.94. The stock’s fifty day simple moving average is $67.31 and its 200-day simple moving average is $70.41.

About LEG Immobilien

(Get Free Report)

LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.

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