Vonovia (OTCMKTS:VONOY) Stock Price Down 0.6% - Should You Sell?

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY - Get Free Report) shares were down 0.6% during trading on Thursday . The stock traded as low as $17.06 and last traded at $17.22. Approximately 27,245 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 47,058 shares. The stock had previously closed at $17.32.

Vonovia Stock Down 0.6%

The firm's fifty day moving average is $16.72 and its 200 day moving average is $15.45.

Vonovia (OTCMKTS:VONOY - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.31 EPS for the quarter. The firm had revenue of $1.31 billion for the quarter. Vonovia had a negative net margin of 29.33% and a negative return on equity of 2.64%. On average, analysts expect that Vonovia SE Unsponsored ADR will post 1.05 earnings per share for the current fiscal year.

Vonovia Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, July 10th. Investors of record on Monday, June 2nd will be issued a $0.438 dividend. This represents a yield of 2.66%. The ex-dividend date is Friday, May 30th. This is an increase from Vonovia's previous dividend of $0.43.

About Vonovia

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.