Phoenix Spree Deutschland (LON:PSDL) Share Price Crosses Below Fifty Day Moving Average - What's Next?

Key Points

• Phoenix Spree Deutschland's shares have fallen below their 50-day moving average of GBX 166.28, trading as low as GBX 162 during the session.
• The company's market capitalization is approximately £179.21 million, with a notably low P/E ratio of -2.53.
• Phoenix Spree Deutschland is an investment company focused on Berlin rental properties, aiming for both reliable income and capital growth for investors.

Phoenix Spree Deutschland Limited (LON:PSDL - Get Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 166.28 ($2.24) and traded as low as GBX 162 ($2.18). Phoenix Spree Deutschland shares last traded at GBX 164 ($2.21), with a volume of 80,374 shares trading hands.

Phoenix Spree Deutschland Trading Down 1.1%

The stock has a 50 day simple moving average of GBX 166.02 and a 200-day simple moving average of GBX 164.35. The firm has a market cap of £177.02 million, a PE ratio of -2.50 and a beta of 0.30.

Phoenix Spree Deutschland Company Profile

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.