Phoenix Spree Deutschland (LON:PSDL) Shares Pass Below 50-Day Moving Average – Here’s Why

Phoenix Spree Deutschland Limited (LON:PSDLGet Free Report) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 167.89 ($2.29) and traded as low as GBX 165.50 ($2.26). Phoenix Spree Deutschland shares last traded at GBX 165.50 ($2.26), with a volume of 13,063 shares trading hands.

Phoenix Spree Deutschland Price Performance

The stock has a 50 day moving average price of GBX 167.89 and a two-hundred day moving average price of GBX 164.63. The firm has a market capitalization of £180.85 million, a price-to-earnings ratio of -2.55 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.

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