Vonovia (OTCMKTS:VONOY) Sets New 1-Year Low – Here’s What Happened

Vonovia SE Unsponsored ADR (OTCMKTS:VONOYGet Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $10.54 and last traded at $10.89, with a volume of 3930 shares traded. The stock had previously closed at $11.05.

Analyst Upgrades and Downgrades

VONOY has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft upgraded shares of Vonovia from a “hold” rating to a “buy” rating in a research note on Thursday, June 25th. Zacks Research upgraded shares of Vonovia from a “strong sell” rating to a “hold” rating in a report on Monday, August 24th. Finally, The Goldman Sachs Group downgraded shares of Vonovia from a “strong-buy” rating to a “hold” rating in a research report on Monday. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Vonovia has an average rating of “Hold”.

Get Our Latest Stock Analysis on VONOY

Vonovia Stock Down 1.3%

The company has a market cap of $18.12 billion, a PE ratio of 3.70 and a beta of 1.22. The company has a 50-day moving average of $11.81 and a 200-day moving average of $12.68.

Vonovia (OTCMKTS:VONOYGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.24. Vonovia had a return on equity of 15.40% and a net margin of 61.85%.The business had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.01 billion. As a group, equities analysts predict that Vonovia SE Unsponsored ADR will post 0.97 EPS for the current year.

About Vonovia

(Get Free Report)

Vonovia SE is a German residential real estate company headquartered in Bochum. The company owns, manages and develops residential properties, with a focus on providing housing and related services to tenants. Its activities include property management, maintenance, modernization, energy services and the development of new residential buildings.

Vonovia’s portfolio is concentrated in Germany, with additional operations in Austria and Sweden. Through its local platforms and service businesses, the company provides tenant support, building maintenance, technical services and measures designed to improve the energy efficiency and quality of its properties.

The company traces its roots to Deutsche Annington, which acquired GAGFAH in 2015 and subsequently adopted the Vonovia name.

Further Reading

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