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Phoenix Spree Deutschland (LON:PSDL) Shares Pass Below Fifty Day Moving Average - Time to Sell?

Phoenix Spree Deutschland logo with Real Estate background

Phoenix Spree Deutschland Limited (LON:PSDL - Get Free Report)'s stock price 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 ($2.18). Phoenix Spree Deutschland shares last traded at GBX 163.50 ($2.20), with a volume of 21,650 shares traded.

Phoenix Spree Deutschland Price Performance

The stock has a market capitalization of £179.21 million, a P/E ratio of -2.53 and a beta of 0.30. The stock's fifty day moving average is GBX 166.87 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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