Vonovia (ETR:VNA) Stock Crosses Below 200 Day Moving Average – Here’s Why

Vonovia SE (ETR:VNAGet Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €30.37 ($32.66) and traded as low as €28.68 ($30.84). Vonovia shares last traded at €29.25 ($31.45), with a volume of 4,170,420 shares changing hands.

Vonovia Stock Down 7.7 %

The business has a 50-day moving average price of €28.98 and a 200 day moving average price of €30.37. The stock has a market capitalization of $22.76 billion, a P/E ratio of -6.85, a P/E/G ratio of 13.69 and a beta of 1.04. The company has a current ratio of 1.31, a quick ratio of 0.39 and a debt-to-equity ratio of 3.39.

About Vonovia

(Get Free Report)

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.

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