European Commercial REIT (CVE:ERE) Trading 42.9% Higher – Should You Buy?

European Commercial REIT (CVE:ERE) rose 42.9% during trading on Tuesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 7,400 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 62,141 shares. The stock had previously closed at C$0.18.

European Commercial REIT Trading Up 42.9%

The company’s fifty day simple moving average is C$0.25 and its two-hundred day simple moving average is C$0.25.

European Commercial REIT Company Profile

Everest Re Group, Ltd., through its subsidiaries, provides reinsurance and insurance products in the United States, Bermuda, and internationally. The company operates through Reinsurance Operations and Insurance Operations segments. The Reinsurance Operations segment writes property and casualty reinsurance; and specialty lines of business through reinsurance brokers, as well as directly with ceding companies in the United States, Bermuda, Ireland, Canada, Singapore, Switzerland, and the United Kingdom.