Vonovia (ETR:VNA) Shares Pass Below 50 Day Moving Average – Here’s Why

Vonovia SE (ETR:VNAGet Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of €20.89 and traded as low as €18.78. Vonovia shares last traded at €19.09, with a volume of 3,944,120 shares changing hands.

Vonovia Price Performance

The company has a debt-to-equity ratio of 157.73, a quick ratio of 0.39 and a current ratio of 0.64. The firm has a market capitalization of $16.18 billion, a P/E ratio of -4.87, a price-to-earnings-growth ratio of 13.69 and a beta of 1.48. The company has a 50-day moving average price of €20.85 and a 200-day moving average price of €22.24.

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. It also engages in the sale of individual condominiums and single-family houses; and project development activities.

Further Reading

Receive News & Ratings for Vonovia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vonovia and related companies with MarketBeat.com's FREE daily email newsletter.