Shares of European Residential Real Estate Investment Trust (TSE:ERE.UN - Get Free Report) fell 0.4% on Wednesday . The company traded as low as C$2.57 and last traded at C$2.58. 17,073 shares traded hands during trading, a decline of 94% from the average session volume of 270,692 shares. The stock had previously closed at C$2.59.
European Residential Real Estate Investment Trust Price Performance
The company has a current ratio of 0.27, a quick ratio of 0.20 and a debt-to-equity ratio of 256.06. The business's 50-day simple moving average is C$2.51 and its two-hundred day simple moving average is C$2.50. The firm has a market cap of C$236.44 million, a price-to-earnings ratio of 13.53 and a beta of 1.28.
Insider Activity at European Residential Real Estate Investment Trust
In other European Residential Real Estate Investment Trust news, Director Stephen Co sold 103,170 shares of the business's stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of C$2.47, for a total value of C$254,829.90. Also, Director Lisa Maureen Russell sold 20,975 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of C$2.52, for a total value of C$52,857.00. Over the last three months, insiders sold 126,969 shares of company stock worth $314,825. Insiders own 12.50% of the company's stock.
About European Residential Real Estate Investment Trust
(
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European Residential Real Estate Investment Trust - 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 initial focus on investing in high-quality multi-residential real estate properties in the Netherlands.
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