Deutsche Wohnen (FRA:DWNI) Stock Passes Below 50-Day Moving Average – Here’s Why

Deutsche Wohnen SE (FRA:DWNIGet Free Report) shares passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of €22.39 ($24.60) and traded as low as €19.78 ($21.74). Deutsche Wohnen shares last traded at €20.90 ($22.97), with a volume of 552,289 shares.

Deutsche Wohnen Trading Down 2.2 %

The stock’s fifty day moving average price is €22.39 and its 200-day moving average price is €23.29.

Deutsche Wohnen Company Profile

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Deutsche Wohnen SE develops and manages residential properties in Germany. The company operates through Rental, Value-add, Recurring Sales, Development, and Care segment. The Rental segment offers value-enhancing management to residential real estate portfolio. The Value- add segment engages in the core business of letting.

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