Vonovia SE Unsponsored ADR (OTCMKTS:VONOY – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $12.01 and traded as low as $11.60. Vonovia shares last traded at $11.63, with a volume of 222,268 shares trading hands.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Zacks Research downgraded shares of Vonovia from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft raised Vonovia from a “hold” rating to a “buy” rating in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Vonovia has a consensus rating of “Hold”.
Get Our Latest Stock Report on Vonovia
Vonovia Stock Performance
Vonovia (OTCMKTS:VONOY – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.23 by $0.24. Vonovia had a return on equity of 15.40% and a net margin of 61.85%.The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.01 billion. As a group, analysts expect that Vonovia SE Unsponsored ADR will post 0.97 EPS for the current year.
Vonovia Company Profile
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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