Phoenix Spree Deutschland (LON:PSDL) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Phoenix Spree Deutschland Limited (LON:PSDLGet Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 169.44 and traded as high as GBX 174. Phoenix Spree Deutschland shares last traded at GBX 174, with a volume of 525 shares changing hands.

Phoenix Spree Deutschland Trading Up 1.5%

The company has a market capitalization of £159.78 million, a PE ratio of -24.86 and a beta of 0.76. The firm’s 50-day simple moving average is GBX 169.44 and its 200-day simple moving average is GBX 169.48.

Phoenix Spree Deutschland Company Profile

(Get Free Report)

Phoenix Spree Deutschland Limited is an investment company founded in 2007 and listed on the premium segment of the London Stock Exchange. It is a long-term investor in Berlin rental property, committed to improving the quality of accommodation for its tenants. Over the past thirteen years, the Company has assembled an attractive portfolio of real estate assets which the Directors believe offers investors the potential for both reliable income as well as capital growth. QSix (formerly PMM Group) has acted as the Property Advisor since the Company’s inception.

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