Aroundtown (OTCMKTS:AANNF) Trading Down 3.2% – Should You Sell?

Aroundtown SA (OTCMKTS:AANNFGet Free Report)’s stock price traded down 3.2% on Thursday . The company traded as low as $3.00 and last traded at $3.00. 600 shares were traded during trading, a decline of 43% from the average session volume of 1,050 shares. The stock had previously closed at $3.10.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aroundtown in a research note on Monday, December 1st. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

View Our Latest Report on AANNF

Aroundtown Stock Performance

The firm’s 50-day moving average price is $3.50 and its 200-day moving average price is $3.60.

Aroundtown Company Profile

(Get Free Report)

Aroundtown SA is a Luxembourg-based real estate investment and asset management company specializing in a diversified portfolio of office, residential, hotel and retail properties across Europe. The company focuses primarily on the German market, with assets in major economic centres such as Berlin, Frankfurt, Munich and Düsseldorf. By targeting high-quality properties in established business districts, Aroundtown aims to generate stable, long-term rental income and capital appreciation.

Founded in 2004, Aroundtown has grown through a combination of strategic acquisitions and development projects.

Further Reading

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