Hamborner REIT (ETR:HAB) Trading Down 0.4%

Hamborner REIT AG (ETR:HAB – Get Rating)’s stock price dropped 0.4% during mid-day trading on Friday . The stock traded as low as €6.57 ($7.14) and last traded at €6.67 ($7.25). Approximately 70,421 shares traded hands during trading, a decline of 46% from the average daily volume of 131,380 shares. The stock had previously closed at €6.70 ($7.28).

Analyst Upgrades and Downgrades

A number of research firms recently commented on HAB. Warburg Research set a €10.00 ($10.87) price target on Hamborner REIT in a research report on Thursday, February 9th. Berenberg Bank set a €10.00 ($10.87) price target on shares of Hamborner REIT in a research report on Thursday, February 9th.

Hamborner REIT Stock Performance

The company’s 50-day simple moving average is €7.06 and its 200 day simple moving average is €7.20. The stock has a market cap of $531.72 million and a P/E ratio of 27.22. The company has a current ratio of 0.34, a quick ratio of 0.34 and a debt-to-equity ratio of 121.18.

Hamborner REIT Company Profile

(Get Rating)

HAMBORNER REIT AG is a public company listed in the SDAX that operates exclusively in the property sector and is positioned as a portfolio holder for high-yield commercial properties. The company generates sustainable rental income on the basis of a diversified portfolio of properties distributed throughout Germany with a total value of around EUR1.5 billion.