Vonovia (OTCMKTS:VONOY) Sets New 52-Week Low – Should You Sell?

Shares of Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $11.12 and last traded at $11.13, with a volume of 5108 shares. The stock had previously closed at $11.53.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on VONOY shares. Deutsche Bank Aktiengesellschaft raised shares of Vonovia from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Zacks Research raised shares of Vonovia from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Vonovia has an average rating of “Moderate Buy”.

Vonovia Price Performance

The business’s fifty day simple moving average is $11.95 and its 200 day simple moving average is $12.88. The stock has a market cap of $18.55 billion, a price-to-earnings ratio of 3.78 and a beta of 1.23.

Vonovia (OTCMKTS:VONOY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.24. Vonovia had a net margin of 61.85% and a return on equity of 15.40%. The company had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.01 billion. As a group, equities analysts forecast that Vonovia SE Unsponsored ADR will post 0.97 EPS for the current fiscal year.

About Vonovia

Vonovia SE is a Germany-based residential real estate company headquartered in Bochum that owns, manages and develops rental housing. Its core activities center on long-term residential leasing, property and facility management, maintenance and modernization of apartment portfolios, and project development. Vonovia provides tenant services and operational support to maintain and upgrade its buildings, with an increasing focus on energy-efficiency measures and building refurbishments to modernize stock and reduce operating costs.

The company traces its roots to Deutsche Annington and adopted the Vonovia name following a period of consolidation and growth; it has expanded through a series of acquisitions to become one of the largest residential landlords in Germany.