Phoenix Spree Deutschland (LON:PSDL) Stock Price Passes Above 50-Day Moving Average – Here’s What Happened

Phoenix Spree Deutschland Limited (LON:PSDLGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 171.47 and traded as high as GBX 176. Phoenix Spree Deutschland shares last traded at GBX 176, with a volume of 54,820 shares.

Phoenix Spree Deutschland Stock Performance

The company’s 50 day simple moving average is GBX 171.47 and its 200-day simple moving average is GBX 166.20. The firm has a market capitalization of £161.46 million, a PE ratio of -6.29 and a beta of 0.30.

About Phoenix Spree Deutschland

(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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