Adler Group (ETR:ADJ) Stock Passes Below 50-Day Moving Average – Here’s Why

Adler Group S.A. (ETR:ADJGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of €0.14 and traded as low as €0.08. Adler Group shares last traded at €0.12, with a volume of 497,982 shares changing hands.

Adler Group Stock Performance

The stock has a market cap of $16.92 million, a price-to-earnings ratio of 0.02, a P/E/G ratio of 0.20 and a beta of 1.43. The firm’s 50-day moving average is €0.14 and its two-hundred day moving average is €0.16. The company has a current ratio of 1.99, a quick ratio of 0.42 and a debt-to-equity ratio of 14,528.33.

Adler Group Company Profile

(Get Free Report)

Adler Group SA engages in the purchase, management, and development of multifamily residential real estate properties in Germany. It operates through Residential Property Management, Adler RE, Consus, and Privatization segments. The company is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units, as well as It also engages in holding, operating, and selling commercial units; and the modernization, maintenance, real estate investment, development of middle income houses, and management of non-vacant units.

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