Vonovia SE Unsponsored ADR (OTCMKTS:VONOY – Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 606,962 shares were traded during mid-day trading, an increase of 306% from the previous session’s volume of 149,489 shares.The stock last traded at $16.0230 and had previously closed at $15.88.
Vonovia Price Performance
The stock has a market cap of $27.27 billion, a price-to-earnings ratio of 5.96 and a beta of 1.24. The company’s fifty day simple moving average is $14.53 and its two-hundred day simple moving average is $15.18.
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.
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