Vonovia (OTCMKTS:VONOY) Hits New 1-Year Low – Time to Sell?

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $11.61 and last traded at $11.63, with a volume of 86013 shares traded. The stock had previously closed at $11.87.

Wall Street Analyst Weigh In

Several research firms recently issued reports on VONOY. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Vonovia in a report on Tuesday, May 5th. Zacks Research lowered Vonovia from a “hold” rating to a “strong sell” rating in a report on Monday, May 25th. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Vonovia currently has an average rating of “Hold”.

Vonovia Stock Down 3.0%

The firm has a 50 day simple moving average of $12.94 and a 200-day simple moving average of $14.03. The stock has a market cap of $19.53 billion, a P/E ratio of 4.36 and a beta of 1.24.

Vonovia (OTCMKTS:VONOY) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.01 billion. Vonovia had a return on equity of 14.51% and a net margin of 56.28%. On average, equities analysts anticipate that Vonovia SE Unsponsored ADR will post 1.22 earnings per share for the current year.

About Vonovia

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.