CORESTATE Capital (ETR:CCAP) Trading 2.4% Higher – Here’s What Happened

CORESTATE Capital Holding S.A. (ETR:CCAPGet Free Report) shares shot up 2.4% on Tuesday . The company traded as high as €0.40 ($0.41) and last traded at €0.39 ($0.40). 678 shares traded hands during mid-day trading, The stock had previously closed at €0.38 ($0.39).

CORESTATE Capital Stock Up 1.3 %

The company has a market capitalization of $13.51 million, a price-to-earnings ratio of -0.02, a P/E/G ratio of -0.01 and a beta of 1.03. The company has a debt-to-equity ratio of 1,344.60, a current ratio of 0.44 and a quick ratio of 0.17. The firm’s fifty day moving average price is €0.40 and its 200-day moving average price is €0.42.

About CORESTATE Capital

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CORESTATE Capital Holding SA is a real estate investment firm specializing in investments in small to medium sized residential portfolios and commercial real estate markets. The firm seeks to invest in an "anti-cyclical" manner in Europe and expand its club-style deals from purely opportunistic to core-plus and value-add investments.

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