Deutsche Wohnen (FRA:DWNI) Trading Down 1.7% – Here’s Why

Deutsche Wohnen SE (FRA:DWNI) shares were down 1.7% during trading on Friday . The company traded as low as €20.20 and last traded at €20.20. Approximately 59,178 shares were traded during mid-day trading, The stock had previously closed at €20.55.

Deutsche Wohnen Price Performance

The business has a 50-day moving average price of €20.91 and a 200 day moving average price of €21.17.

Deutsche Wohnen Company Profile

Deutsche Wohnen SE develops and manages residential properties in Germany. The company operates through Rental, Value-add, Recurring Sales, Development, and Care segment. The Rental segment offers value-enhancing management to residential real estate portfolio. The Value- add segment engages in the core business of letting. This segment also includes multimedia services and the supply of energy. The Recurring Sales segment includes sales of individual condominiums and single-family homes. The Development segment includes project development to create new living space.