Adler Group (ETR:ADJ) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Adler Group S.A. (ETR:ADJ) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €0.16 and traded as low as €0.14. Adler Group shares last traded at €0.14, with a volume of 167,529 shares traded.

Adler Group Trading Up 0.4%

The company has a debt-to-equity ratio of 3,636.68, a current ratio of 11.12 and a quick ratio of 0.42. The business’s fifty day simple moving average is €0.16 and its 200 day simple moving average is €0.18. The stock has a market cap of $20.66 million, a price-to-earnings ratio of 0.02, a P/E/G ratio of 0.20 and a beta of 1.45.

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.