Adler Group (ETR:ADJ) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Adler Group S.A. (ETR:ADJ) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of €0.36 ($0.38) and traded as high as €0.37 ($0.38). Adler Group shares last traded at €0.35 ($0.37), with a volume of 66,468 shares.

Adler Group Price Performance

The business’s fifty day simple moving average is €0.36 and its 200 day simple moving average is €0.24. The company has a debt-to-equity ratio of 14,347.80, a quick ratio of 0.42 and a current ratio of 0.90. The stock has a market cap of $51.10 million, a price-to-earnings ratio of -0.04, a price-to-earnings-growth ratio of 0.20 and a beta of 1.72.

Adler Group Company Profile

Adler Group SA engages in the purchase, management, and development of multifamily residential real estate properties in Germany. It operates through Residential Property Management, Adler RE, Consus, and Privatization segments. The company is involved in the rental and management of residential properties, including modernization and maintenance of residential properties, management of tenancy agreements, and marketing of residential units, as well as It also engages in holding, operating, and selling commercial units; and the modernization, maintenance, real estate investment, development of middle income houses, and management of non-vacant units.