Vonovia (OTCMKTS:VONOY) Hits New 1-Year Low – Should You Sell?

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) reached a new 52-week low on Wednesday. The company traded as low as $9.28 and last traded at $9.28, with a volume of 26902 shares traded. The stock had previously closed at $9.49.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on VONOY shares. The Goldman Sachs Group downgraded shares of Vonovia from a “strong-buy” rating to a “hold” rating in a report on Monday, September 7th. Zacks Research raised Vonovia from a “strong sell” rating to a “hold” rating in a research note on Monday, August 24th. Finally, Deutsche Bank Aktiengesellschaft upgraded Vonovia from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Vonovia Stock Performance

The stock has a market cap of $15.83 billion, a P/E ratio of 3.23 and a beta of 1.22. The stock’s fifty day moving average is $10.97 and its 200 day moving average is $11.97.

Vonovia (OTCMKTS:VONOY) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.24. The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.01 billion. Vonovia had a return on equity of 15.40% and a net margin of 61.85%. Equities research analysts predict that Vonovia SE Unsponsored ADR will post 0.97 EPS for the current year.

Vonovia Company Profile

Vonovia SE is a Germany-based residential real estate company that owns, manages and develops housing properties. Its portfolio primarily consists of apartments for private tenants, along with related residential and community facilities.

The company provides property management, maintenance, modernization and tenant services. Vonovia also offers energy-related solutions and invests in measures intended to improve the efficiency and quality of its buildings, including renovations and new residential construction.

Vonovia serves residential markets mainly in Germany, Sweden and Austria.