Vonovia (OTCMKTS:VONOY) Reaches New 12-Month Low – Time to Sell?

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $11.61 and last traded at $11.63, with a volume of 86013 shares trading hands. The stock had previously closed at $11.87.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the stock. Zacks Research lowered shares of Vonovia from a “hold” rating to a “strong sell” rating in a research note on Monday, May 25th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Vonovia in a research note on Tuesday, May 5th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Vonovia Stock Down 2.4%

The stock’s 50 day moving average is $12.95 and its two-hundred day moving average is $14.05. The company has a market capitalization of $19.67 billion, a PE ratio of 4.39 and a beta of 1.24.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share for the quarter, topping analysts’ consensus estimates of $0.23 by $0.02. Vonovia had a net margin of 56.28% and a return on equity of 14.51%. The company had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.01 billion. On average, sell-side analysts predict that Vonovia SE Unsponsored ADR will post 1.22 EPS for the current fiscal year.

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.