TAG Immobilien (ETR:TEG) Stock Price Up 1.1% – Still a Buy?

TAG Immobilien AG (ETR:TEG – Get Free Report)’s share price traded up 1.1% on Tuesday. The company traded as high as €11.34 and last traded at €11.31. 479,910 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 416,823 shares. The stock had previously closed at €11.19.

TAG Immobilien Trading Up 1.1%

The company’s 50 day simple moving average is €11.39 and its 200-day simple moving average is €13.49. The firm has a market cap of $1.98 billion, a P/E ratio of -20.24, a P/E/G ratio of 0.37 and a beta of 1.38. The company has a quick ratio of 0.08, a current ratio of 0.47 and a debt-to-equity ratio of 127.25.

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. TAG Immobilien AG was founded in 1882 and is headquartered in Hamburg, Germany.

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