Deutsche Wohnen (OTCMKTS:DTCWY) Shares Up 2.9% – Here’s Why

Shares of Deutsche Wohnen SE (OTCMKTS:DTCWYGet Free Report) were up 2.9% on Tuesday . The company traded as high as $10.8740 and last traded at $10.8740. Approximately 185 shares were traded during trading, a decline of 74% from the average daily volume of 705 shares. The stock had previously closed at $10.5725.

Deutsche Wohnen Stock Up 2.9%

The firm has a 50 day simple moving average of $11.23 and a 200-day simple moving average of $11.82.

About Deutsche Wohnen

(Get Free Report)

Deutsche Wohnen SE is a Germany‐based real estate company primarily engaged in the acquisition, development and management of residential and commercial properties. Headquartered in Berlin, the company holds a diversified portfolio of multi‐family apartments and office spaces, with a strategic focus on long‐term rental income. Deutsche Wohnen’s shares are traded on German exchanges and its American Depositary Shares (ADS) are available over the counter under the ticker DTCWY.

The company’s property portfolio spans major German urban centers including Berlin, Hamburg, Frankfurt, Leipzig and Dresden.

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