TAG Immobilien (ETR:TEG) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

TAG Immobilien AG (ETR:TEG – Get Free Report) shares crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of €11.34 and traded as high as €11.71. TAG Immobilien shares last traded at €11.71, with a volume of 571,623 shares traded.

TAG Immobilien Stock Up 1.4%

The company has a current ratio of 0.47, a quick ratio of 0.08 and a debt-to-equity ratio of 127.25. The firm’s 50 day simple moving average is €11.34 and its two-hundred day simple moving average is €13.46. The firm has a market cap of $2.08 billion, a price-to-earnings ratio of -21.25, a PEG ratio of 0.37 and a beta of 1.38.

TAG Immobilien Company Profile

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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. TAG Immobilien AG was founded in 1882 and is headquartered in Hamburg, Germany.

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