Vonovia SE Depository Receipt (OTCMKTS:VONOY) reached a new 52-week high during trading on Thursday . The company traded as high as $36.96 and last traded at $36.96, with a volume of 164 shares. The stock had previously closed at $33.80.
Separately, Zacks Investment Research upgraded Vonovia SE Depository Receipt from a “hold” rating to a “buy” rating and set a $37.00 price target for the company in a report on Friday, August 14th.
The firm’s 50 day moving average price is $35.10 and its 200-day moving average price is $29.58. The stock has a market cap of $38.25 billion, a P/E ratio of 30.80 and a beta of 0.51.
Vonovia SE operates as an integrated real estate company in Germany. The company operates through three segments: Rental, Value-Add Business, and Sales. It offers apartments; provides property-related services; and sells single units, and buildings or plots of land. As of December 31, 2017, it had a real estate portfolio comprising 344,586 residential units; 89,588 garages and parking spaces; and 3,888 commercial units, as well as managed 62,631 residential units for other owners.
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