CORESTATE Capital (ETR:CCAP) Trading 2.4% Higher - Should You Buy?

Key Points

• CORESTATE Capital (ETR:CCAP) saw its stock price increase by 2.4%, closing at €0.35 ($0.41) after a mid-day trading session where 8,354 shares changed hands.
• The company's market capitalization stands at $57.21 million, with a negative price-to-earnings ratio of -0.02.
• CORESTATE specializes in real estate investments, focusing on small to medium-sized residential portfolios and expanding its investment strategies to include core-plus and value-add opportunities in Europe.

CORESTATE Capital Holding S.A. (ETR:CCAP - )'s stock price traded up 2.4% during mid-day trading on Monday . The company traded as high as €0.35 ($0.41) and last traded at €0.35 ($0.41). 8,354 shares changed hands during mid-day trading, The stock had previously closed at €0.34 ($0.40).

CORESTATE Capital Price Performance

The firm's 50-day simple moving average is €0.29 and its 200 day simple moving average is €0.29. The firm has a market capitalization of $57.21 million, a price-to-earnings ratio of -0.02, a P/E/G ratio of -0.01 and a beta of 1.03.

CORESTATE Capital Company Profile

CORESTATE Capital Holding SA is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an "anti-cyclical" manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments.

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