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Phoenix Spree Deutschland (LON:PSDL) Shares Cross Below Fifty Day Moving Average - What's Next?

Phoenix Spree Deutschland logo with Real Estate background

Phoenix Spree Deutschland Limited (LON:PSDL - Get Free Report) shares crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 167.05 ($2.24) and traded as low as GBX 162 ($2.17). Phoenix Spree Deutschland shares last traded at GBX 163.50 ($2.19), with a volume of 21,650 shares traded.

Phoenix Spree Deutschland Price Performance

The firm has a 50-day simple moving average of GBX 166.75 and a 200 day simple moving average of GBX 164.28. The company has a market capitalization of £179.21 million, a PE ratio of -2.53 and a beta of 0.30.

Phoenix Spree Deutschland Company Profile

(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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