Aroundtown (OTCMKTS:AANNF) Trading Down 3.2% – Here’s What Happened

Aroundtown SA (OTCMKTS:AANNFGet Free Report) was down 3.2% on Thursday . The stock traded as low as $3.00 and last traded at $3.00. Approximately 600 shares traded hands during mid-day trading, a decline of 43% from the average daily volume of 1,050 shares. The stock had previously closed at $3.10.

Analyst Ratings Changes

Separately, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Aroundtown in a report on Monday, December 1st. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

Check Out Our Latest Research Report on Aroundtown

Aroundtown Stock Performance

The stock has a 50-day simple moving average of $3.51 and a 200 day simple moving average of $3.61.

About Aroundtown

(Get Free Report)

Aroundtown SA is a Luxembourg-based real estate investment and asset management company specializing in a diversified portfolio of office, residential, hotel and retail properties across Europe. The company focuses primarily on the German market, with assets in major economic centres such as Berlin, Frankfurt, Munich and Düsseldorf. By targeting high-quality properties in established business districts, Aroundtown aims to generate stable, long-term rental income and capital appreciation.

Founded in 2004, Aroundtown has grown through a combination of strategic acquisitions and development projects.

Further Reading

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