LEG Immobilien (OTCMKTS:LEGIF) Trading 15.6% Higher – Still a Buy?

LEG Immobilien SE (OTCMKTS:LEGIF) shares traded up 15.6% during mid-day trading on Monday . The stock traded as high as $83.09 and last traded at $83.09. 255 shares traded hands during trading, a decline of 23% from the average session volume of 330 shares. The stock had previously closed at $71.88.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded LEG Immobilien from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 3rd.

LEG Immobilien Stock Performance

The stock’s fifty day simple moving average is $75.87 and its two-hundred day simple moving average is $84.86. The company has a market cap of $6.16 billion, a price-to-earnings ratio of -9.78 and a beta of 0.85.

LEG Immobilien Company Profile

LEG Immobilien SE, together with its subsidiaries, operates as an integrated property company in Germany. The company engages in the performance of services and management of equity investments; property management and location development; performance of services for third parties and housing industry services; and generation of electricity and heat activities.