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TAG Immobilien (ETR:TEG) Trading Up 1.6% - Here's Why

TAG Immobilien logo with Real Estate background

Shares of TAG Immobilien AG (ETR:TEG - Get Free Report) were up 1.6% during mid-day trading on Wednesday . The company traded as high as €14.90 ($17.13) and last traded at €14.84 ($17.06). Approximately 576,181 shares changed hands during trading, an increase of 38% from the average daily volume of 416,823 shares. The stock had previously closed at €14.60 ($16.78).

TAG Immobilien Stock Performance

The stock's 50-day moving average is €14.29 and its 200-day moving average is €13.85. The firm has a market capitalization of $2.60 billion, a price-to-earnings ratio of -26.56, a PEG ratio of 0.37 and a beta of 1.04. The company has a current ratio of 1.03, a quick ratio of 0.08 and a debt-to-equity ratio of 126.23.

About TAG Immobilien

(Get Free Report)

TAG Immobilien AG, a real estate company, acquires, develops, and manages residential real estate properties in Germany. It also rents commercial real estate properties, as well as operates serviced apartments. The company was formerly known as TAG Tegernsee Immobilien-und Beteiligungs-Aktiengesellschaft and changed its name to TAG Immobilien AG in September 2008.

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