Adler Group (ETR:ADJ) Trading 4.6% Higher – Still a Buy?

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

Adler Group Stock Up 4.6 %

The stock has a market cap of $56.94 million, a price-to-earnings ratio of -0.05, a price-to-earnings-growth ratio of 0.20 and a beta of 1.72. The firm’s fifty day moving average price is €0.27 and its two-hundred day moving average price is €0.20. The company has a debt-to-equity ratio of 14,347.80, a current ratio of 0.90 and a quick ratio of 0.42.

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.