Shares of Vonovia SE (OTCMKTS:VNNVF – Get Free Report) dropped 14.1% on Friday . The company traded as low as $23.8368 and last traded at $23.8368. Approximately 695 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 3,576 shares. The stock had previously closed at $27.75.
Vonovia Stock Down 14.1%
The stock has a fifty day simple moving average of $26.75 and a two-hundred day simple moving average of $28.35.
About Vonovia
Vonovia SE is a Berlin?based residential real estate company and one of Europe’s leading integrated property groups. Listed on the Frankfurt Stock Exchange and trading over the counter in the United States as OTCMKTS:VNNVF, the company owns, manages and develops a diversified portfolio of residential units. Vonovia focuses on long?term residential rental properties and offers a range of tenant services aimed at enhancing living standards and value retention.
The company traces its roots to Deutsche Annington, which was founded in the early 2000s as a spin?off from a major energy provider.
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