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Phoenix Spree Deutschland (LON:PSDL) Share Price Crosses Above 50 Day Moving Average - Time to Sell?

Phoenix Spree Deutschland logo with Real Estate background

Key Points

  • Phoenix Spree Deutschland's share price has recently crossed above its fifty-day moving average of GBX 163.97, hinting at a potential uptick in investor interest.
  • The company has a market capitalization of £148.62 million and a notably high price-to-earnings ratio of -385.71, indicating it is currently unprofitable.
  • Phoenix Spree Deutschland is focused on long-term investment in Berlin rental properties, aiming to improve accommodation quality and provide reliable income as well as capital growth for investors.
  • Five stocks to consider instead of Phoenix Spree Deutschland.

Phoenix Spree Deutschland Limited (LON:PSDL - Get Free Report) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 163.97 ($2.22) and traded as high as GBX 167.50 ($2.27). Phoenix Spree Deutschland shares last traded at GBX 162 ($2.20), with a volume of 50,682 shares changing hands.

Phoenix Spree Deutschland Stock Up 0.6%

The company has a market capitalization of £148.62 million, a price-to-earnings ratio of -385.71 and a beta of 0.30. The business's 50-day moving average is GBX 163.97 and its 200-day moving average is GBX 164.39.

About Phoenix Spree Deutschland

(Get Free Report)

Phoenix Spree Deutschland Limited is an investment company founded in 2007 and listed on the premium segment of the London Stock Exchange. It is a long-term investor in Berlin rental property, committed to improving the quality of accommodation for its tenants. Over the past thirteen years, the Company has assembled an attractive portfolio of real estate assets which the Directors believe offers investors the potential for both reliable income as well as capital growth.

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