Deutsche EuroShop (ETR:DEQ) Stock Crosses Below 50-Day Moving Average – Here’s Why

Deutsche EuroShop AG (ETR:DEQGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €18.46 and traded as low as €18.26. Deutsche EuroShop shares last traded at €18.44, with a volume of 3,817 shares trading hands.

Deutsche EuroShop Price Performance

The business has a fifty day moving average of €18.46 and a 200-day moving average of €19.45. The company has a current ratio of 5.13, a quick ratio of 1.26 and a debt-to-equity ratio of 110.41. The firm has a market cap of $1.40 billion, a PE ratio of -58.59, a PEG ratio of 24.40 and a beta of 0.41.

About Deutsche EuroShop

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Deutsche EuroShop is the only public company in Germany to invest exclusively in shopping centers in prime locations. The company currently has investments in 21 shopping centers in Germany, Austria, Poland, the Czech Republic and Hungary. The portfolio includes the Main-Taunus-Zentrum near Frankfurt, the Altmarkt-Galerie in Dresden and the Galeria Baltycka in Gdansk, among many others.

Further Reading

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