Vonovia SE Unsponsored ADR (OTCMKTS:VONOY – Get Free Report) 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 changing hands.
Vonovia Stock Performance
The firm has a 50-day moving average of $14.44 and a 200-day moving average of $15.17. The firm has a market capitalization of $27.46 billion, a P/E ratio of 6.00 and a beta of 1.24.
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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