Adler Group (ETR:ADJ) Shares Down 5% – Time to Sell?

Shares of Adler Group S.A. (ETR:ADJ) dropped 5% during mid-day trading on Wednesday . The stock traded as low as €0.30 ($0.31) and last traded at €0.30 ($0.32). Approximately 65,009 shares were traded during mid-day trading, an increase of 14% from the average daily volume of 56,857 shares. The stock had previously closed at €0.32 ($0.33).

Adler Group Stock Down 5.0 %

The stock has a market cap of $45.44 million, a PE ratio of 0.05, a P/E/G ratio of 0.20 and a beta of 1.72. The business has a 50 day moving average price of €0.33 and a 200 day moving average price of €0.30. The company has a quick ratio of 0.42, a current ratio of 1.11 and a debt-to-equity ratio of 182.35.

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.