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European Residential Real Estate Investment Trust (TSE:ERE-UN) Trading Down 1.2% - Time to Sell?

European Residential Real Estate Investment Trust logo with Real Estate background

European Residential Real Estate Investment Trust (TSE:ERE-UN - Get Free Report)'s stock price fell 1.2% during mid-day trading on Tuesday . The company traded as low as C$2.47 and last traded at C$2.49. 75,495 shares were traded during mid-day trading, The stock had previously closed at C$2.52.

European Residential Real Estate Investment Trust Price Performance

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's 50-day moving average price is C$2.49 and its 200-day moving average price is C$2.90. The stock has a market capitalization of C$155.45 million, a PE ratio of -3.30 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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