Deutsche Pfandbriefbank (FRA:PBB) Stock Price Up 4.8% – Here’s What Happened

Deutsche Pfandbriefbank AG (FRA:PBBGet Free Report) shot up 4.8% during trading on Friday . The stock traded as high as €5.04 ($5.20) and last traded at €5.01 ($5.16). 440,224 shares traded hands during trading, The stock had previously closed at €4.77 ($4.92).

Deutsche Pfandbriefbank Price Performance

The stock has a 50 day simple moving average of €5.05 and a two-hundred day simple moving average of €5.27.

Deutsche Pfandbriefbank Company Profile

(Get Free Report)

Deutsche Pfandbriefbank AG provides commercial real estate and public investment finance in Europe and the United States of America. It operates through Real Estate Finance and Non-Core segments. The Real Estate Finance segment provides financing for professional real estate investors, which includes professional national and international real estate companies, institutional investors, and property funds to financed properties comprising office buildings, properties for residential use, retail, and logistic properties, as well as hotel business.

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