European Residential Real Estate Investment Trust (TSE:ERE.UN) Director Sells C$52,857.00 in Stock

European Residential Real Estate Investment Trust (TSE:ERE.UN - Get Free Report) Director Lisa Maureen Russell sold 20,975 shares of the firm's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of C$2.52, for a total value of C$52,857.00.

European Residential Real Estate Investment Trust Trading Up 0.4%

TSE:ERE.UN traded up C$0.01 during midday 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. The company has a quick ratio of 0.20, a current ratio of 0.27 and a debt-to-equity ratio of 256.06. The stock has a 50-day moving average of C$2.49 and a 200 day moving average of C$2.74. The company has a market capitalization of C$230 million, a price-to-earnings ratio of 13.16 and a beta of 1.28. European Residential Real Estate Investment Trust has a one year low of C$2.24 and a one year high of C$3.99.

Wall Street Analysts Forecast Growth

Separately, TD Securities downgraded shares of European Residential Real Estate Investment Trust from a "buy" rating to a "hold" rating and set a C$2.75 price target for the company. in a report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of C$3.18.

European Residential Real Estate Investment Trust Company Profile

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.