European Residential Real Estate Investment Trust (TSE:ERE-UN) Shares Down 1.6% – Here’s Why

European Residential Real Estate Investment Trust (TSE:ERE-UNGet Free Report)’s share price fell 1.6% during trading on Tuesday . The stock traded as low as C$2.45 and last traded at C$2.47. 178,174 shares traded hands during mid-day trading, The stock had previously closed at C$2.51.

European Residential Real Estate Investment Trust Price Performance

The company has a current ratio of 1.43, a quick ratio of 0.20 and a debt-to-equity ratio of 208.98. The stock has a market cap of C$150.57 million, a PE ratio of -3.19 and a beta of 1.28. The company has a fifty day moving average of C$2.44 and a 200-day moving average of C$3.01.

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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