Vonovia SE Unsponsored ADR (OTCMKTS:VONOY – Get Free Report) shares gapped up prior to trading on Tuesday . The stock had previously closed at $15.48, but opened at $16.09. Vonovia shares last traded at $16.14, with a volume of 20,697 shares traded.
Vonovia Price Performance
The stock has a market capitalization of $27.46 billion, a PE ratio of 6.00 and a beta of 1.24. The firm’s 50 day simple moving average is $14.44 and its 200 day simple moving average is $15.17.
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.
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