Deutsche Wohnen (OTCMKTS:DTCWY) Trading Down 3.5% – Here’s Why

Deutsche Wohnen SE (OTCMKTS:DTCWYGet Free Report) fell 3.5% during mid-day trading on Wednesday . The company traded as low as $12.10 and last traded at $12.10. 188 shares were traded during trading, a decline of 93% from the average session volume of 2,569 shares. The stock had previously closed at $12.5350.

Deutsche Wohnen Price Performance

The firm has a 50-day moving average of $16.54 and a two-hundred day moving average of $14.30.

Deutsche Wohnen Company Profile

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Deutsche Wohnen SE is a Germany‐based real estate company primarily engaged in the acquisition, development and management of residential and commercial properties. Headquartered in Berlin, the company holds a diversified portfolio of multi‐family apartments and office spaces, with a strategic focus on long‐term rental income. Deutsche Wohnen’s shares are traded on German exchanges and its American Depositary Shares (ADS) are available over the counter under the ticker DTCWY.

The company’s property portfolio spans major German urban centers including Berlin, Hamburg, Frankfurt, Leipzig and Dresden.

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