Deutsche Wohnen (FRA:DWNI) Share Price Passes Below Fifty Day Moving Average – Time to Sell?

Deutsche Wohnen SE (FRA:DWNIGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €19.08 and traded as low as €18.36. Deutsche Wohnen shares last traded at €19.60, with a volume of 124,663 shares traded.

Deutsche Wohnen Price Performance

The business has a 50 day moving average price of €19.08 and a 200 day moving average price of €20.28.

Deutsche Wohnen Company Profile

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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.

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