Free Trial

Vonovia (OTCMKTS:VONOY) Shares Gap Down - Here's Why

Vonovia logo with Finance background

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY - Get Free Report) gapped down prior to trading 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 Trading Down 0.7%

The stock has a 50-day moving average price of $16.75 and a 200 day moving average price of $15.50.

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

Vonovia Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 10th. Shareholders of record on Monday, June 2nd were paid a $0.438 dividend. The ex-dividend date was Friday, May 30th. This is a positive change from Vonovia's previous dividend of $0.43. This represents a yield of 2.66%.

About Vonovia

(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.

Recommended Stories

Should You Invest $1,000 in Vonovia Right Now?

Before you consider Vonovia, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vonovia wasn't on the list.

While Vonovia currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk
3 Overlooked AI Stocks That Chipmakers Can’t Live Without

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines