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Vonovia (ETR:VNA) Trading 2.6% Higher - Here's Why

Vonovia logo with Real Estate background

Vonovia SE (ETR:VNA - Get Free Report) shares shot up 2.6% during mid-day trading on Thursday . The stock traded as high as €30.53 ($34.30) and last traded at €30.34 ($34.09). 4,686,206 shares changed hands during mid-day trading, an increase of 200% from the average session volume of 1,560,000 shares. The stock had previously closed at €29.58 ($33.24).

Vonovia Stock Performance

The company has a quick ratio of 0.39, a current ratio of 1.31 and a debt-to-equity ratio of 3.39. The company has a 50 day simple moving average of €26.91 and a 200-day simple moving average of €28.69. The stock has a market capitalization of $25.39 billion, a price-to-earnings ratio of -7.64, a price-to-earnings-growth ratio of 13.69 and a beta of 1.04.

Vonovia Company Profile

(Get Free Report)

Vonovia SE operates as an integrated residential real estate company in Europe. It operates through four segments: Rental, Value-Add, Recurring Sales, and Development. The company offers property management services; property-related services; and value-added services, including maintenance and modernization of residential properties, craftsmen and residential environment organization, condominium administration, cable TV, metering, energy supply, and insurances services.

Further Reading

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