Vonovia (OTCMKTS:VNNVF) Trading 13% Higher – Still a Buy?

Vonovia SE (OTCMKTS:VNNVFGet Free Report)’s stock price traded up 13% on Tuesday . The company traded as high as $33.1750 and last traded at $33.1750. 200 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 520 shares. The stock had previously closed at $29.35.

Vonovia Stock Performance

The company’s 50 day simple moving average is $28.67 and its 200-day simple moving average is $29.71.

About Vonovia

(Get Free Report)

Vonovia SE is a Berlin‐based residential real estate company and one of Europe’s leading integrated property groups. Listed on the Frankfurt Stock Exchange and trading over the counter in the United States as OTCMKTS:VNNVF, the company owns, manages and develops a diversified portfolio of residential units. Vonovia focuses on long‐term residential rental properties and offers a range of tenant services aimed at enhancing living standards and value retention.

The company traces its roots to Deutsche Annington, which was founded in the early 2000s as a spin‐off from a major energy provider.

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