Phoenix Spree Deutschland (LON:PSDL) Share Price Passes Above Fifty Day Moving Average – Here’s Why

Phoenix Spree Deutschland Limited (LON:PSDL)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 161.76 and traded as high as GBX 163. Phoenix Spree Deutschland shares last traded at GBX 162.33, with a volume of 17,633 shares.

Phoenix Spree Deutschland Stock Down 0.1%

The company has a market cap of £148.93 million, a price-to-earnings ratio of -5.80 and a beta of 0.30. The business has a 50-day simple moving average of GBX 161.76 and a two-hundred day simple moving average of GBX 164.67.

Insiders Place Their Bets

In related news, insider Steven Wilderspin bought 6,500 shares of the firm’s stock in a transaction on Friday, October 3rd. The stock was purchased at an average price of GBX 166 per share, with a total value of £10,790. Company insiders own 0.30% of the company’s stock.

Phoenix Spree Deutschland Company Profile

Phoenix Spree Deutschland Limited is an investment company founded in 2007 and listed on the premium segment of the London Stock Exchange. It is a long-term investor in Berlin rental property, committed to improving the quality of accommodation for its tenants. Over the past thirteen years, the Company has assembled an attractive portfolio of real estate assets which the Directors believe offers investors the potential for both reliable income as well as capital growth.