European Residential Real Estate Investment Trust (TSE: ERE-UN) Share price up 2%


European Residential Real Estate Investment Fund (TSE:ERE-UNGet a rating) shares rose 2% on Wednesday. The company traded as low as C$3.70 and last traded at C$3.65. Approximately 74,769 shares were traded during trading. The stock had previously closed at C$3.58.

European residential real estate investment trusts trade up 2.0%

The company has a market cap of C$326.60 million and a price-earnings ratio of 6.40. The company’s 50-day simple moving average is C$3.82 and its 200-day simple moving average is C$4.37. The company has a quick ratio of 0.17, a current ratio of 0.18 and a debt ratio of 360.60.

About European Residential Real Estate Investment Trust

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ERES is a real estate investment company with variable capital without legal personality. ERES REIT units are listed on the Toronto Stock Exchange under the symbol ERE.UN. ERES is the only European multi-residential REIT in Canada, with an initial current focus on investing in high-quality multi-residential real estate properties in the Netherlands.

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