Shares of Deutsche Wohnen SE (OTCMKTS:DTCWY – Get Free Report) shot up 0.1% during trading on Friday. The company traded as high as $8.87 and last traded at $8.87. Approximately 205 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 500 shares. The stock had previously closed at $8.8589.
Deutsche Wohnen Stock Performance
The company’s 50-day moving average is $9.54 and its two-hundred day moving average is $11.15.
About Deutsche Wohnen
Deutsche Wohnen SE is a German residential real estate company focused on owning, managing and developing housing properties. Its portfolio primarily consists of apartments and related residential assets, with an emphasis on providing long-term rental housing in major German cities and metropolitan areas.
The company’s activities include property management, tenant services, modernization and maintenance of residential buildings, and selected new construction and development projects. Deutsche Wohnen has historically maintained a significant presence in Berlin as well as exposure to other urban markets in Germany.
Deutsche Wohnen traces its history to the late 1990s and became a European company, or SE, in 2017.
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