Vonovia (OTCMKTS:VONOY) Sets New 1-Year Low – Should You Sell?

Shares of Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $9.71 and last traded at $10.02, with a volume of 1678 shares changing hands. The stock had previously closed at $10.11.

Wall Street Analyst Weigh In

Several analysts have commented on VONOY shares. The Goldman Sachs Group cut shares of Vonovia from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Zacks Research upgraded Vonovia from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft raised Vonovia from a “hold” rating to a “buy” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

Vonovia Trading Down 0.5%

The firm’s 50 day moving average is $11.42 and its two-hundred day moving average is $12.30. The firm has a market cap of $16.88 billion, a P/E ratio of 3.44 and a beta of 1.22.

Vonovia (OTCMKTS:VONOY) last issued its earnings results on Wednesday, August 5th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.23 by $0.24. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.01 billion. Vonovia had a net margin of 61.85% and a return on equity of 15.40%. Analysts predict that Vonovia SE Unsponsored ADR will post 0.97 EPS for the current fiscal year.

About Vonovia

Vonovia SE is a German residential real estate company headquartered in Bochum. The company owns, manages and develops residential properties, with a focus on providing housing and related services to tenants. Its activities include property management, maintenance, modernization, energy services and the development of new residential buildings.

Vonovia’s portfolio is concentrated in Germany, with additional operations in Austria and Sweden. Through its local platforms and service businesses, the company provides tenant support, building maintenance, technical services and measures designed to improve the energy efficiency and quality of its properties.

The company traces its roots to Deutsche Annington, which acquired GAGFAH in 2015 and subsequently adopted the Vonovia name.