European Residential Real Estate Investment Trust (TSE:ERE-UN – Get Free Report) shares surged 0.9% during trading on Thursday. The company's shares traded as high as C$2.36 and closed at C$2.33. 40,700 shares were traded during midday trading, with the stock previously closing at C$2.31.
European Residential Real Estate Investment Trust Share Performance
The company's 50-day moving average price is C$2.31 and its 200-day moving average price is C$2.38. The company's debt-to-equity ratio is 272.09, quick ratio is 0.20 and current ratio is 0.04. The company's market capitalization is C$213.8 million, P/E ratio is 23.30 and beta is 1.21.
About European Residential Real Estate Investment Trust
(Get your free report)
ERES is an unincorporated, open-end real estate investment trust. ERES REIT units are listed on the TSX under the symbol ERE.UN. ERES is Canada's only European-focused multifamily REIT and currently holds a portfolio of high quality multifamily properties in the Netherlands.
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