LEG Immobilien (OTCMKTS:LEGIF) Hits New 1-Year Low – Here’s Why

LEG Immobilien AG (OTCMKTS:LEGIFGet Free Report)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as $58.6754 and last traded at $58.6754, with a volume of 596 shares changing hands. The stock had previously closed at $63.05.

LEG Immobilien Trading Down 3.6%

The firm’s fifty day moving average price is $67.31 and its 200-day moving average price is $70.41. The firm has a market cap of $4.43 billion, a price-to-earnings ratio of 3.30 and a beta of 0.94.

About LEG Immobilien

(Get Free Report)

LEG Immobilien AG is one of Germany’s leading residential real estate companies, specializing in the development, acquisition and management of residential and commercial properties. Headquartered in Düsseldorf, the company focuses on providing affordable and sustainable living spaces to a diverse tenant base. Its core business includes the rental and technical management of housing units as well as value-enhancing modernization and maintenance services.

The company’s portfolio comprises approximately 130,000 residential units and several thousand commercial spaces, primarily located in North Rhine-Westphalia and adjacent German states.

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