Adler Group (ETR:ADJ) Trading 0.2% Higher – Here’s Why

Shares of Adler Group S.A. (ETR:ADJ) shot up 0.2% during mid-day trading on Thursday . The stock traded as high as €0.24 ($0.26) and last traded at €0.23 ($0.25). 9,297 shares changed hands during trading, a decline of 84% from the average session volume of 56,857 shares. The stock had previously closed at €0.23 ($0.24).

Adler Group Stock Performance

The company has a quick ratio of 0.42, a current ratio of 1.11 and a debt-to-equity ratio of 182.35. The stock has a market capitalization of $34.14 million, a price-to-earnings ratio of 0.04, a price-to-earnings-growth ratio of 0.20 and a beta of 1.72. The stock’s 50-day simple moving average is €0.30 and its 200 day simple moving average is €0.31.

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.