TAG Immobilien (ETR:TEG) Trading Down 2.6% – Here’s What Happened

TAG Immobilien AG (ETR:TEGGet Free Report)’s stock price fell 2.6% during mid-day trading on Tuesday . The company traded as low as €12.19 ($13.11) and last traded at €12.28 ($13.20). 486,020 shares were traded during trading, an increase of 17% from the average session volume of 416,823 shares. The stock had previously closed at €12.61 ($13.56).

TAG Immobilien Trading Up 1.1 %

The company has a market cap of $2.13 billion, a price-to-earnings ratio of -21.67, a P/E/G ratio of 0.37 and a beta of 1.04. The firm’s fifty day moving average price is €13.26 and its 200-day moving average price is €14.61. The company has a debt-to-equity ratio of 126.23, a current ratio of 1.03 and a quick ratio of 0.08.

About TAG Immobilien

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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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