Adler Group (ETR:ADJ) Trading 1.9% Higher – Time to Buy?

Adler Group S.A. (ETR:ADJ)’s stock price rose 1.9% on Wednesday . The company traded as high as €0.35 ($0.36) and last traded at €0.34 ($0.36). Approximately 53,090 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 56,857 shares. The stock had previously closed at €0.34 ($0.35).

Adler Group Stock Up 1.9 %

The company’s 50 day simple moving average is €0.35 and its 200-day simple moving average is €0.26. The firm has a market cap of $52.24 million, a P/E ratio of -0.04, a PEG ratio of 0.20 and a beta of 1.72. The company has a current ratio of 0.90, a quick ratio of 0.42 and a debt-to-equity ratio of 14,347.80.

Adler Group Company Profile

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.