Vonovia (OTCMKTS:VONOY) Sees Large Volume Increase – Here’s Why

Shares of Vonovia SE Unsponsored ADR (OTCMKTS:VONOYGet Free Report) saw unusually-high trading volume on Thursday . Approximately 606,962 shares were traded during mid-day trading, an increase of 306% from the previous session’s volume of 149,489 shares.The stock last traded at $16.0230 and had previously closed at $15.88.

Vonovia Trading Up 1.3%

The business has a 50-day moving average of $14.53 and a 200 day moving average of $15.18. The firm has a market capitalization of $27.27 billion, a PE ratio of 5.96 and a beta of 1.24.

About Vonovia

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Vonovia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vonovia and related companies with MarketBeat.com's FREE daily email newsletter.