Phoenix Spree Deutschland (LON:PSDL) Stock Price Down 0.3% - What's Next?

Key Points

• Phoenix Spree Deutschland stock traded down 0.3% on Tuesday, closing at GBX 160 ($2.14), with a notable decrease in trading volume, down 41% from average levels.
• The company has a market cap of £146.79 million and a negative price-to-earnings ratio of -5.71, indicating it may be facing profitability challenges.
• Insider Steven Wilderspin bought 6,500 shares at an average price of GBX 166, demonstrating insider confidence despite the recent stock decline.

Phoenix Spree Deutschland Limited (LON:PSDL - ) traded down 0.3% on Tuesday . The stock traded as low as GBX 158.50 ($2.12) and last traded at GBX 160 ($2.14). 38,639 shares changed hands during trading, a decline of 41% from the average session volume of 65,619 shares. The stock had previously closed at GBX 160.50 ($2.15).

Phoenix Spree Deutschland Trading Down 0.3%

The firm has a market cap of £146.79 million, a price-to-earnings ratio of -5.71 and a beta of 0.30. The firm has a 50-day moving average of GBX 162.02 and a two-hundred day moving average of GBX 164.35.

Insider Buying and Selling at Phoenix Spree Deutschland

In other Phoenix Spree Deutschland news, insider Steven Wilderspin acquired 6,500 shares of the business's stock in a transaction that occurred on Friday, October 3rd. The stock was acquired at an average price of GBX 166 per share, with a total value of £10,790. Corporate insiders own 0.30% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.