Adler Group (ETR:ADJ) Shares Up 11.9% – Time to Buy?

Adler Group S.A. (ETR:ADJ) shares were up 11.9% during mid-day trading on Wednesday . The stock traded as high as €0.38 ($0.40) and last traded at €0.38 ($0.40). Approximately 153,348 shares changed hands during trading, an increase of 170% from the average daily volume of 56,857 shares. The stock had previously closed at €0.34 ($0.36).

Adler Group Stock Up 11.9 %

The firm has a market cap of $57.77 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 company has a debt-to-equity ratio of 14,347.80, a current ratio of 0.90 and a quick ratio of 0.42. The firm has a 50 day moving average price of €0.32 and a 200-day moving average price of €0.22.

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.