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

Key Points

• Phoenix Spree Deutschland's stock price has fallen below its fifty-day moving average of GBX 163.71, trading as low as GBX 162.50 recently.
• The company has a market cap of £149.54 million, a PE ratio of -388.10, and a low beta of 0.30.
• Phoenix Spree Deutschland is a long-term investor in Berlin rental properties, managing a portfolio that aims to provide investors with reliable income and capital growth.

Phoenix Spree Deutschland Limited (LON:PSDL - )'s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 163.71 ($2.19) and traded as low as GBX 162.50 ($2.18). Phoenix Spree Deutschland shares last traded at GBX 163 ($2.18), with a volume of 31,587 shares traded.

Phoenix Spree Deutschland Price Performance

The company has a 50-day moving average price of GBX 163.71 and a two-hundred day moving average price of GBX 164.27. The company has a market cap of £149.54 million, a PE ratio of -388.10 and a beta of 0.30.

About Phoenix Spree Deutschland

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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