Vonovia SE (OTCMKTS:VNNVF – Get Free Report) dropped 7.6% on Wednesday. The company traded as low as $17.0880 and last traded at $17.0880. 1,000 shares traded hands during trading, a decline of 61% from the average daily volume of 2,554 shares. The stock had previously closed at $18.50.
Vonovia Price Performance
The firm’s fifty day simple moving average is $21.31 and its 200 day simple moving average is $23.99.
Vonovia Company Profile
Vonovia SE is a German residential real estate company headquartered in Bochum, Germany. It owns, manages and develops residential properties, with a focus on providing rental housing in urban and suburban markets.
The company’s activities include residential leasing, property management, building maintenance, modernization and new construction. Vonovia also offers related services such as energy management, technical property services and solutions designed to improve the energy efficiency of its buildings.
Vonovia’s operations are concentrated primarily in Germany, with additional residential real estate activities in Austria and Sweden.
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