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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 share price passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 161.12 ($2.14) and traded as low as GBX 156.50 ($2.08). Phoenix Spree Deutschland shares last traded at GBX 161.50 ($2.15), with a volume of 8,066 shares trading hands.

Phoenix Spree Deutschland Price Performance

The stock has a 50-day simple moving average of GBX 161.06 and a 200-day simple moving average of GBX 166.51. The stock has a market cap 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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