European Residential Real Estate Investment Trust (TSE:ERE.UN - Get Free Report) 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.
European Residential Real Estate Investment Trust Price Performance
TSE ERE.UN traded up C$0.01 during mid-day trading on Friday, hitting C$2.50. The stock had a trading volume of 63,989 shares, compared to its average volume of 310,601. European Residential Real Estate Investment Trust has a 52-week low of C$2.24 and a 52-week high of C$3.99. The company has a market cap of C$230 million, a price-to-earnings ratio of 13.16 and a beta of 1.28. The company has a 50 day simple moving average of C$2.49 and a 200 day simple moving average of C$2.74. The company has a quick ratio of 0.20, a current ratio of 0.27 and a debt-to-equity ratio of 256.06.
Analysts Set New Price Targets
Separately, TD Securities downgraded European Residential Real Estate Investment Trust from a "buy" rating to a "hold" rating and set a C$2.75 target price for the company. in a research note on Thursday, February 20th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, European Residential Real Estate Investment Trust currently has a consensus rating of "Moderate Buy" and an average target price of C$3.18.
Check Out Our Latest Stock Analysis on European Residential Real Estate Investment Trust
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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