Adler Group (ETR:ADJ) Stock Price Down 2.8% – Time to Sell?

Shares of Adler Group S.A. (ETR:ADJ) were down 2.8% during mid-day trading on Wednesday . The stock traded as low as €0.32 ($0.33) and last traded at €0.33 ($0.34). Approximately 133,426 shares changed hands during trading, an increase of 135% from the average daily volume of 56,857 shares. The stock had previously closed at €0.33 ($0.35).

Adler Group Stock Performance

The company’s 50 day moving average price is €0.34 and its 200-day moving average price is €0.28. The company has a debt-to-equity ratio of 14,347.80, a quick ratio of 0.42 and a current ratio of 0.90. The company has a market cap of $49.28 million, a PE ratio of -0.04, a price-to-earnings-growth ratio of 0.20 and a beta of 1.72.

About Adler Group

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.