realestate

ERE-UN Shares Rise 0.4% on European Residential REIT Trading

European Residential REIT (ERE-UN) Trades 0.4% Higher - Is It Still a Buy?

E
uropean Residential Real Estate Investment Trust's stock price rose 0.4% on Monday, reaching a high of C$2.42 and closing at C$2.39 after trading approximately 737,709 shares. The company's previous close was C$2.38.

    The firm's 50-day moving average is C$3.39 and its 200-day moving average is C$3.06. European Residential Real Estate Investment Trust has a debt-to-equity ratio of 256.06, a quick ratio of 0.20, and a current ratio of 0.27. The company's market cap is C$222.64 million, with a PE ratio of 12.74 and a beta of 1.28.

    European Residential Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust listed on the TSX under ERE.UN. It is Canada's only European-focused multi-residential REIT, with a portfolio of high-quality properties in the Netherlands.

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Ere-UN shares increase 0.4% on European residential real estate investment trading platform.