European Residential Real Estate Investment Trust (TSE:ERE-UN) Trading Down 0.8% – Here’s Why

European Residential Real Estate Investment Trust (TSE:ERE-UNGet Free Report) shares traded down 0.8% during mid-day trading on Tuesday . The stock traded as low as C$2.52 and last traded at C$2.52. 136,100 shares were traded during trading, The stock had previously closed at C$2.54.

European Residential Real Estate Investment Trust Stock Performance

The stock has a fifty day moving average price of C$2.47 and a 200 day moving average price of C$2.99. The company has a current ratio of 1.43, a quick ratio of 0.20 and a debt-to-equity ratio of 208.98. The firm has a market cap of C$153.62 million, a price-to-earnings ratio of -3.26 and a beta of 1.28.

European Residential Real Estate Investment Trust Company Profile

(Get Free Report)

ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands.

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