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Phoenix Spree Deutschland (LON:PSDL) Stock Passes Below 50 Day Moving Average - What's Next?

Phoenix Spree Deutschland logo with Real Estate background

Phoenix Spree Deutschland Limited (LON:PSDL - Get Free Report)'s stock price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 166.35 ($2.24) and traded as low as GBX 165 ($2.22). Phoenix Spree Deutschland shares last traded at GBX 167 ($2.25), with a volume of 40,789 shares changing hands.

Phoenix Spree Deutschland Stock Up 1.8%

The stock has a fifty day moving average of GBX 166.35 and a 200-day moving average of GBX 164.56. The firm has a market capitalization of £185.77 million, a P/E ratio of -2.62 and a beta of 0.30.

Phoenix Spree Deutschland Company Profile

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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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