European Residential Real Estate Investment Trust (TSE:ERE-UN) Stock Price Down 3.1% – Should You Sell?

European Residential Real Estate Investment Trust (TSE:ERE-UNGet Free Report)’s share price traded down 3.1% during trading on Monday . The company traded as low as C$2.45 and last traded at C$2.48. 784,702 shares changed hands during trading, The stock had previously closed at C$2.56.

European Residential Real Estate Investment Trust Trading Down 1.2 %

The stock has a market cap of C$152.40 million, a price-to-earnings ratio of -3.23 and a beta of 1.28. The business’s 50 day simple moving average is C$2.88 and its 200 day simple moving average is C$3.04. The company has a quick ratio of 0.20, a current ratio of 1.43 and a debt-to-equity ratio of 208.98.

About European Residential Real Estate Investment Trust

(Get Free Report)

ERES is an unincorporated, open-ended real estate investment trust. ERES's REIT Units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multi-residential REIT, with a current portfolio of high-quality, multi-residential real estate properties in the Netherlands.

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