European Residential Real Estate Investment Trust (TSE:ERE-UN – Get Rating) shares were down 0.4% during mid-day trading on Wednesday . The stock traded as low as C$2.81 and last traded at C$2.81. Approximately 46,331 shares were traded during trading, The stock had previously closed at C$2.82.
European Residential Real Estate Investment Trust Price Performance
The firm has a market cap of C$254.33 million, a P/E ratio of 10.81 and a beta of 1.18. The firm’s fifty day simple moving average is C$3.16 and its 200 day simple moving average is C$3.28. The company has a debt-to-equity ratio of 295.04, a quick ratio of 0.20 and a current ratio of 0.10.
About 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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