Adler Group (ETR:ADJ) Shares Up 4.6% – Still a Buy?

Adler Group S.A. (ETR:ADJ) shot up 4.6% during trading on Wednesday . The company traded as high as €0.40 ($0.44) and last traded at €0.38 ($0.41). 177,360 shares were traded during mid-day trading, an increase of 212% from the average session volume of 56,857 shares. The stock had previously closed at €0.36 ($0.39).

Adler Group Trading Up 4.6 %

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 firm has a market capitalization of $56.94 million, a P/E ratio of -0.05, a PEG ratio of 0.20 and a beta of 1.72. The firm has a 50 day simple moving average of €0.27 and a two-hundred day simple moving average of €0.20.

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.