Vonovia (OTCMKTS:VONOY) Trading Down 0.7% – What’s Next?

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) shares fell 0.7% during mid-day trading on Friday . The stock traded as low as $14.4306 and last traded at $14.57. 156,911 shares were traded during mid-day trading, an increase of 9% from the average session volume of 144,197 shares. The stock had previously closed at $14.68.

Vonovia Trading Down 0.7%

The firm has a 50-day moving average of $14.55 and a two-hundred day moving average of $15.47. The firm has a market capitalization of $24.35 billion, a P/E ratio of 5.40 and a beta of 1.26.

Vonovia (OTCMKTS:VONOY) last issued its earnings results on Wednesday, November 5th. The company reported $2.17 EPS for the quarter. The firm had revenue of $1 billion during the quarter. Vonovia had a return on equity of 12.34% and a net margin of 39.42%. On average, sell-side analysts anticipate that Vonovia SE Unsponsored ADR will post 1.05 EPS for the current fiscal 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.