Phoenix Spree Deutschland (LON:PSDL) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Phoenix Spree Deutschland Limited (LON:PSDL) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 162.94 and traded as high as GBX 170. Phoenix Spree Deutschland shares last traded at GBX 167, with a volume of 73,828 shares.

Phoenix Spree Deutschland Price Performance

The stock’s 50 day moving average is GBX 162.94 and its two-hundred day moving average is GBX 164.24. The firm has a market capitalization of £153.21 million, a P/E ratio of -5.96 and a beta of 0.30.

Insider Activity at Phoenix Spree Deutschland

In related news, insider Steven Wilderspin purchased 6,500 shares of the business’s stock in a transaction dated Friday, October 3rd. The shares were bought at an average price of GBX 166 per share, with a total value of £10,790. Insiders own 0.30% of the company’s stock.

About Phoenix Spree Deutschland

Phoenix Spree Deutschland Limited is an investment company founded in 2007 and listed on the premium segment of the London Stock Exchange. It is a long-term investor in Berlin rental property, committed to improving the quality of accommodation for its tenants. Over the past thirteen years, the Company has assembled an attractive portfolio of real estate assets which the Directors believe offers investors the potential for both reliable income as well as capital growth.