Vonovia (OTCMKTS:VONOY) Reaches New 1-Year Low – Here’s Why

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY)’s stock price reached a new 52-week low during mid-day trading on Monday. The company traded as low as $8.99 and last traded at $9.15, with a volume of 2,917 shares traded. The stock had previously closed at $9.41.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft raised Vonovia from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Zacks Research raised Vonovia from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th. The Goldman Sachs Group downgraded Vonovia from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Vonovia in a report on Wednesday. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Vonovia Stock Down 2.1%

The firm’s 50 day simple moving average is $10.51 and its two-hundred day simple moving average is $11.80. The stock has a market capitalization of $15.53 billion, a P/E ratio of 3.17 and a beta of 1.22.

Vonovia (OTCMKTS:VONOY) last posted its earnings results on Wednesday, August 5th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.23 by $0.24. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.01 billion. Vonovia had a net margin of 61.85% and a return on equity of 15.40%. As a group, equities research analysts expect that Vonovia SE Unsponsored ADR will post 1.07 earnings per share for the current year.

Vonovia Company Profile

Vonovia SE is a European residential real estate company headquartered in Bochum, Germany. The company owns, manages and develops residential properties, with a portfolio focused primarily on apartments and homes for individuals and families.

Its activities include property management, tenant services, building maintenance, modernization and the development of new residential projects. Vonovia also provides related services such as energy solutions, technical building operations and other services intended to support the management and improvement of its properties.

Vonovia serves tenants primarily in Germany, Austria and Sweden.