Vonovia (OTCMKTS:VONOY) Hits New 12-Month Low – What’s Next?

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY)’s stock price reached a new 52-week low during trading on Monday. The stock traded as low as $8.99 and last traded at $9.15, with a volume of 2,917 shares changing hands. The stock had previously closed at $9.41.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on VONOY shares. Morgan Stanley downgraded shares of Vonovia to an “underweight” rating in a report on Tuesday. The Goldman Sachs Group downgraded shares of Vonovia from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Deutsche Bank Aktiengesellschaft raised shares of Vonovia from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Jefferies Financial Group reiterated a “buy” rating on shares of Vonovia in a research note on Wednesday, October 14th. Finally, Zacks Research upgraded shares of Vonovia from a “strong sell” rating to a “hold” rating in a research note on Monday, August 24th. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Vonovia currently has a consensus rating of “Hold”.

Vonovia Trading Up 0.9%

The firm has a market cap of $15.73 billion, a P/E ratio of 3.21 and a beta of 1.22. The company’s fifty day moving average price is $10.40 and its two-hundred day moving average price is $11.75.

Vonovia (OTCMKTS:VONOY) last announced its earnings results on Wednesday, August 5th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.23 by $0.24. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Vonovia had a return on equity of 15.40% and a net margin of 61.85%. On average, analysts predict that Vonovia SE Unsponsored ADR will post 1.07 EPS for the current fiscal year.

Vonovia Company Profile

Vonovia SE is a European residential real estate company headquartered in Bochum, Germany. The company owns, manages and develops residential properties, with a portfolio focused primarily on apartments and homes for individuals and families.

Its activities include property management, tenant services, building maintenance, modernization and the development of new residential projects. Vonovia also provides related services such as energy solutions, technical building operations and other services intended to support the management and improvement of its properties.

Vonovia serves tenants primarily in Germany, Austria and Sweden.