Vonovia (OTCMKTS:VONOY) Shares Gap Down – Time to Sell?

Shares of Vonovia SE Unsponsored ADR (OTCMKTS:VONOY – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at $9.38, but opened at $9.07. Vonovia shares last traded at $9.07, with a volume of 541 shares changing hands.

Analyst Ratings Changes

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

View Our Latest Stock Report on Vonovia

Vonovia Trading Down 0.5%

The stock has a fifty day simple moving average of $10.85 and a two-hundred day simple moving average of $11.92. The company has a market cap of $15.41 billion, a PE ratio of 3.14 and a beta of 1.22.

Vonovia (OTCMKTS:VONOY – Get Free Report) last posted its quarterly 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. Vonovia had a return on equity of 15.40% and a net margin of 61.85%.The business had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.01 billion. As a group, equities research analysts anticipate that Vonovia SE Unsponsored ADR will post 1.07 EPS for the current fiscal year.

About Vonovia

(Get Free Report)

Vonovia SE is a Germany-based residential real estate company that owns, manages and develops housing properties. Its portfolio primarily consists of apartments for private tenants, along with related residential and community facilities.

The company provides property management, maintenance, modernization and tenant services. Vonovia also offers energy-related solutions and invests in measures intended to improve the efficiency and quality of its buildings, including renovations and new residential construction.

Vonovia serves residential markets mainly in Germany, Sweden and Austria.

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