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Vonovia (OTCMKTS:VONOY) Shares Gap Down - What's Next?

Vonovia logo with Finance background

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $16.88, but opened at $16.12. Vonovia shares last traded at $16.60, with a volume of 1,009 shares trading hands.

Vonovia Stock Performance

The stock has a 50 day simple moving average of $16.75 and a two-hundred day simple moving average of $15.50.

Vonovia (OTCMKTS:VONOY - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.31 earnings per share for the quarter. Vonovia had a negative return on equity of 2.64% and a negative net margin of 29.33%. The business had revenue of $1.31 billion during the quarter. As a group, equities research analysts expect that Vonovia SE Unsponsored ADR will post 1.05 earnings per share for the current fiscal year.

Vonovia Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, July 10th. Stockholders of record on Monday, June 2nd were given a dividend of $0.438 per share. The ex-dividend date of this dividend was Friday, May 30th. This is a boost from Vonovia's previous dividend of $0.43. This represents a dividend yield of 2.66%.

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.

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