Free Trial

European Residential Real Estate Investment Trust (TSE:ERE.UN) Shares Up 0.8% - Here's Why

European Residential Real Estate Investment Trust logo with background

Shares of European Residential Real Estate Investment Trust (TSE:ERE.UN - Get Free Report) rose 0.8% during trading on Tuesday . The company traded as high as C$2.50 and last traded at C$2.50. Approximately 81,604 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 288,722 shares. The stock had previously closed at C$2.48.

European Residential Real Estate Investment Trust Price Performance

The company has a debt-to-equity ratio of 256.06, a current ratio of 0.27 and a quick ratio of 0.20. The company has a fifty day moving average price of C$2.51 and a 200 day moving average price of C$2.61. The company has a market capitalization of C$228.16 million, a P/E ratio of 13.05 and a beta of 1.28.

Insider Buying and Selling

In other 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 transaction of C$254,829.90. Also, Director Lisa Maureen Russell sold 20,975 shares of the stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of C$2.52, for a total value of C$52,857.00. In the last 90 days, insiders have sold 126,969 shares of company stock valued at $314,825. Insiders own 12.50% of the company's stock.

European Residential Real Estate Investment Trust Company Profile

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in European Residential Real Estate Investment Trust Right Now?

Before you consider European Residential Real Estate Investment Trust, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and European Residential Real Estate Investment Trust wasn't on the list.

While European Residential Real Estate Investment Trust currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Analysts Agree—These Gold Picks Outshine the Rest Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines