Vonovia (ETR:VNA) Stock Price Up 3.3% – Here’s Why

Vonovia SE (ETR:VNA)’s stock price rose 3.3% during mid-day trading on Monday . The stock traded as high as €20.62 and last traded at €20.39. Approximately 2,819,318 shares changed hands during mid-day trading, an increase of 81% from the average daily volume of 1,560,000 shares. The stock had previously closed at €19.75.

Vonovia Price Performance

The company has a quick ratio of 0.39, a current ratio of 0.66 and a debt-to-equity ratio of 150.75. The stock has a market cap of $17.18 billion, a price-to-earnings ratio of -5.17, a price-to-earnings-growth ratio of 13.69 and a beta of 1.47. The company’s 50-day moving average is €22.09 and its 200-day moving average is €23.84.

About Vonovia

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.