Elanor Retail Property Fund (ASX:ERF) Trading 0.8% Higher

Elanor Retail Property Fund (ASX:ERF)’s share price traded up 0.8% during trading on Thursday . The stock traded as high as A$1.26 ($0.89) and last traded at A$1.26 ($0.89), 20,178 shares traded hands during mid-day trading. The stock had previously closed at A$1.25 ($0.89).

The company has a quick ratio of 0.10, a current ratio of 0.12 and a debt-to-equity ratio of 69.99. The stock has a market capitalization of $162.20 million and a price-to-earnings ratio of 8.13. The company has a 50 day moving average of A$1.26 and a 200 day moving average of A$1.24.

Elanor Retail Property Fund Company Profile (ASX:ERF)

Elanor Retail Property Fund is externally managed real estate investment fund investing in Australian retail property, focusing predominantly on quality, high yielding neighbourhood and sub-regional shopping centres. The strategy of Elanor Retail Property Fund is to acquire and unlock value in these assets to provide attractive cash flows and capital growth potential, to grow its investments under management through establishing new managed investment funds.

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