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

Vonovia SE Unsponsored ADR (OTCMKTS:VONOY) shares hit a new 52-week low during trading on Monday. The stock traded as low as $9.62 and last traded at $9.62, with a volume of 503 shares trading hands. The stock had previously closed at $9.72.

Analyst Ratings Changes

VONOY has been the subject of a number of research analyst reports. The Goldman Sachs Group lowered Vonovia from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 7th. Zacks Research upgraded Vonovia from a “strong sell” rating to a “hold” rating in a report 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 assigned a Hold rating to the stock. According to MarketBeat.com, Vonovia presently has an average rating of “Hold”.

Vonovia Stock Down 0.6%

The firm has a 50 day moving average price of $11.28 and a 200 day moving average price of $12.19. The stock has a market capitalization of $16.48 billion, a PE ratio of 3.36 and a beta of 1.22.

Vonovia (OTCMKTS:VONOY) last announced its earnings results on Wednesday, August 5th. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.24. Vonovia had a return on equity of 15.40% and a net margin of 61.85%.The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.01 billion. On average, equities analysts forecast that Vonovia SE Unsponsored ADR will post 0.97 earnings per share for the current fiscal year.

Vonovia Company Profile

Vonovia SE is a German residential real estate company headquartered in Bochum. The company owns, manages and develops residential properties, with a focus on providing housing and related services to tenants. Its activities include property management, maintenance, modernization, energy services and the development of new residential buildings.

Vonovia’s portfolio is concentrated in Germany, with additional operations in Austria and Sweden. Through its local platforms and service businesses, the company provides tenant support, building maintenance, technical services and measures designed to improve the energy efficiency and quality of its properties.

The company traces its roots to Deutsche Annington, which acquired GAGFAH in 2015 and subsequently adopted the Vonovia name.