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Phoenix Spree Deutschland (LON:PSDL) Share Price Passes Below 50 Day Moving Average - Should You 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 Thursday . The stock has a 50 day moving average of GBX 167.31 ($2.30) and traded as low as GBX 165 ($2.26). Phoenix Spree Deutschland shares last traded at GBX 165 ($2.26), with a volume of 9,423 shares changing hands.

Phoenix Spree Deutschland Trading Down 2.1%

The business has a 50-day moving average price of GBX 167.31 and a two-hundred day moving average price of GBX 164.57. The stock has a market capitalization of £180.30 million, a P/E ratio of -2.54 and a beta of 0.30.

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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