Adler Group (ETR:ADJ) Stock Price Down 2.8% – Time to Sell?

Adler Group S.A. (ETR:ADJ) was down 2.8% during mid-day trading on Wednesday . The company traded as low as €0.32 ($0.33) and last traded at €0.33 ($0.34). Approximately 133,426 shares changed hands during trading, an increase of 135% from the average daily volume of 56,857 shares. The stock had previously closed at €0.33 ($0.35).

Adler Group Price Performance

The company has a current ratio of 0.90, a quick ratio of 0.42 and a debt-to-equity ratio of 14,347.80. The company has a market capitalization of $49.28 million, a P/E ratio of -0.04, a P/E/G ratio of 0.20 and a beta of 1.72. The business’s fifty day moving average price is €0.34 and its 200-day moving average price is €0.28.

About Adler Group

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.