Vonovia (ETR:VNA) Trading Down 4.1% – Here’s What Happened

Vonovia SE (ETR:VNA) shares were down 4.1% during trading on Wednesday . The stock traded as low as €26.39 and last traded at €26.72. Approximately 5,224,422 shares traded hands during mid-day trading, an increase of 235% from the average daily volume of 1,560,000 shares. The stock had previously closed at €27.85.

Vonovia Price Performance

The company has a quick ratio of 0.39, a current ratio of 1.09 and a debt-to-equity ratio of 167.47. The firm has a market capitalization of $22.51 billion, a PE ratio of -6.78, a PEG ratio of 13.69 and a beta of 1.04. The stock has a 50-day moving average price of €25.41 and a 200 day moving average price of €26.01.

Vonovia Company Profile

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services. It also engages in the sale of individual condominiums and single-family houses; and project development activities.