Vonovia SE Unsponsored ADR (OTCMKTS:VONOY – Get Free Report) saw strong trading volume on Wednesday . 600,386 shares were traded during trading, an increase of 290% from the previous session’s volume of 154,115 shares.The stock last traded at $15.36 and had previously closed at $15.63.
Vonovia Stock Down 1.6%
The firm has a market cap of $26.10 billion, a price-to-earnings ratio of 5.70 and a beta of 1.22. The company has a 50-day moving average price of $14.93 and a 200 day moving average price of $15.17.
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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